Link didn't work for me so it may be covered there, but just to clarify the 4% rule is typically:
Take 4% of your initial portfolio, then adjust that amount for inflation and that's what you withdraw/spend each year. So if you are pulling $40K from your $1 million nest egg, and markets go up 20% your next year pull is still $40K+inflation, not 4% of new portfolio balance.
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