Interesting times. As ever plenty to worry about, if your mind runs that way. But also exciting new pieces on the board, thanks to regime change [1] and the bear market.
Indeed if you’re some combination of rich enough, frugal enough, and/or you know exactly when you’re going to die, then you can now create a portfolio that you can drawdown with a knowable sustainable withdrawal rate (SWR [2]) over a particular number of years – while enjoying a near-certain positive return, and sidestepping asset price volatility and stock market crashes.