Will sticking to a 4% withdrawal rate ensure your money outlasts you

Most people who embark on the path to F.I.R.E (financial independence, retire early) determine the amount on money they will need for life through principals of The Trinity Study. But does this really work? I wanted to study the impact of downturns, how long it takes to recover from one and if you stick to the 4% rule, does it work?

 

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