tag:blogger.com,1999:blog-2701130539923545760.post6523690722863316707..comments2023-06-14T08:59:03.612-07:00Comments on Thoughts on Investment: Deriving the 4% safe withdrawal rate for retirement planningKPadhttp://www.blogger.com/profile/02202973176616157594noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2701130539923545760.post-7607777008301908932015-03-30T06:56:53.577-07:002015-03-30T06:56:53.577-07:00Clarifying some of the units in the earnings growt...Clarifying some of the units in the earnings growth formula:<br /><br />Earnings growth rate (in %) = (Payout %)(Earnings yield %) + (Retain %)(ROE %)<br /><br /><br /><br />KPadhttps://www.blogger.com/profile/02202973176616157594noreply@blogger.comtag:blogger.com,1999:blog-2701130539923545760.post-76634669953697624862014-04-25T09:00:17.200-07:002014-04-25T09:00:17.200-07:00For future reference, I realized that this can be ...For future reference, I realized that this can be simplified since E/BY = 1 and E/Y = B. So the final formulas become:<br /><br />X = E - I - (D)(E-1) {for X < D}<br />X = Y - I/B {for X > D}<br />KPadhttps://www.blogger.com/profile/02202973176616157594noreply@blogger.com