Optimism #75 - June 25, 2024
Dear clients and friends,
After the coldest June in Kelowna since 1906, summer is finally here.
The single most difficult question I deal with is how much can one draw from savings each year without running out of money?
Two articles are attached which provide excellent perspective.
Please read the Bengen article first, the Rothery one second. It will make more sense.
Enjoy,
PS. It feels like the late 1990s where tech stocks were unbeatable and our dividend payers lagged. The following decade was the opposite. Be patient.
Derek Moran