Subject: Re: Dynamic withdrawal rules during retirement
The 5 rules he describes are:
Portfolio management rule

This rule is garbage. When I started with G-K in 2006, I first wrote down the exact steps to do G-K and plot out the money flows. Specifically I needed to put the rules into a spreadsheet. I was unable to come up with the steps that would do this one. I asked the question on a couple of money/retirement boards.

A number of people responded, saying some version of "Simple. You do this and this and ..... uuuuh ... hmmm .... gee I have no idea how you would do this."

So I decided that Mssrs. Guyton and Klinger just put that rule in for looks. Because nearly "everybody" thinks you need to have a cash bucket.

The other 4 rules are easy to put in a spreadsheet.

Since 2006, in my portfolio the WR rule has fired 5 times, the CPR 2 times, and the PR once.