Forced obsolescence in the smart phone industry to put it mildly sucks. So many of us try to make our product purchases last. First manufacturers stop the supporting older phones OS. Then Apps stop updating for non-supported OS. Then a final nail in the coffin hits and a new phone is in order. My nail was Ticketmaster. After purchasing tickets on my PC for general admission for 15 of us, just to find out Ticketmaster requires the use of a smart phone to access tickets. Ticketmaster App did not support my 8 year old phone. Now my old phone is a primarily a bedside audio player.
4% withdrawal for me is just a 'marker' indicating sustaining investment principle at a 7% annual return. Establishing a realistic annual financial (budgetary) need is what I planned to draw and do today. I measured my retirement investments (e.g. IRA, 401k, 403b...) to be a stand alone financial vehicle for my annual needs before considering (upcoming) fixed income vehicles (e.g. OASI, pensions...). My goal was to have enough to manage my anticipated annual needs to meet that 4% marker. I kept working and saving until that 4% marker was met. My readings show statistically most Americans will not meet the 4% marker and will need to work well into their 60's and beyond.
Comments
Forced obsolescence in the smart phone industry to put it mildly sucks. So many of us try to make our product purchases last. First manufacturers stop the supporting older phones OS. Then Apps stop updating for non-supported OS. Then a final nail in the coffin hits and a new phone is in order. My nail was Ticketmaster. After purchasing tickets on my PC for general admission for 15 of us, just to find out Ticketmaster requires the use of a smart phone to access tickets. Ticketmaster App did not support my 8 year old phone. Now my old phone is a primarily a bedside audio player.
Post: Philosophy Around Phone Upgrades
Link to comment from September 14, 2025
4% withdrawal for me is just a 'marker' indicating sustaining investment principle at a 7% annual return. Establishing a realistic annual financial (budgetary) need is what I planned to draw and do today. I measured my retirement investments (e.g. IRA, 401k, 403b...) to be a stand alone financial vehicle for my annual needs before considering (upcoming) fixed income vehicles (e.g. OASI, pensions...). My goal was to have enough to manage my anticipated annual needs to meet that 4% marker. I kept working and saving until that 4% marker was met. My readings show statistically most Americans will not meet the 4% marker and will need to work well into their 60's and beyond.
Post: 4% every year? even this one?
Link to comment from April 9, 2025