Maximize Spending
These strategies aim to maximize how much you spend over the course of your retirement.
These strategies recalculate withdrawals using your current portfolio balance. Standard VPW plans to age 100 and caps the annual withdrawal percentage at 10%. Dynamic SWR uses the specified retirement Duration as its planning horizon. These different horizons and withdrawal settings mean that you should not expect every strategy to empty your portfolio in the final simulated year.
If leaving a sizable legacy behind is not a concern of yours, then these strategies may appeal to you.