I2RH and VPL are fellow travelers to my way of thinking. The idea of drawing down your principle seems self defeating and assures, at some point, you will run out of money. To me, the challenge is to invest well enough to live off the income from your money, not the money itself. How that is done is fodder for a different discussion. I set my goals very high for return. I reach high because when I was looking for 15%, I got 11%. If I aim higher, do my homework, I get higher. The main falacy is that retirement finances are a "fire & forget" proposition. ((Make your choice then live with the results)) Finances are like a garden, they both need a lot of tending to produce the best results.
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Tom W
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