Comparing Retirement Spending Rules Using Historical Data & The XYZ Rule
Thus far, we have looked at applying a 4% initial withdrawal rate to the different retirement spending strategies. In such cases, we did not use an XYZ rule to calibrate the level of downside risk as the initial spending rate was always the same.
Pfau, Wade D. PhD, "Comparing Retirement Spending Rules Using Historical Data & The XYZ Rule" (2016). Faculty Publications. 655.