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by rkmacdonald
Sat Dec 07, 2002 4:37 pm
Forum: FIRE Board
Topic: Importance of the sequence of returns for calculating SWR
Replies: 34
Views: 29005

Re: Importance of the sequence of returns for calculating SW

Wanderer and I were discussing awhile back how sensitive the SWR ("safe" withdrawal rate) is to the sequence of returns from year to year. I played around with Shiller's market data since 1871 and found that merely switching two years in the sequence could make a huge difference. I think ...