What Does Spending Look Like In Poor, Great, And Average Retirement Conditions?
With this overview of how the different variable spending strategies performed historically, it is worthwhile to put a bit more effort into understanding the relative performance of these strategies in different market environments.
Toward this end, I chose the years 1966 (poor retirement environment), 1982 (great retirement environment), and 1946 (average retirement environment) to demonstrate the evolution of spending and wealth with the strategies.
Pfau, Wade D. PhD, "What Does Spending Look Like In Poor, Great, And Average Retirement Conditions?" (2016). Faculty Publications. 650.