Vanguard FTSE Global All-Cap reaches $1 billion in two weeks! Two ways to stress test spending from your portfolio.

VALL/VGLA ETF Assets under management jump to $1 billion since launch - an incredible achievement for an ETF which started trading only 2 weeks ago. For context, that is money arriving faster than Vanguard's own flagship VWCE gathered in its first entire year, and it has happened with no marketing push beyond the number that matters: the whole investable world, 10,000+ stock index, small caps included, for 0.07%. Europe's investors have already voted with their savings plans, and the verdict seems unambiguous.

So you have read our comprehensive review of Interactive Brokers (affectionately abbreviated IBKR or even IB by its users) and you have decided to open an account. This guide will walk you through the steps of the process. In some ways, this broker account opening process can be longer than for other brokers. That’s because IBKR is more sophisticated. But, we make this process a bit simpler. In the end going through it is worth the hassle given the benefits the broker may give you in the long run. Let’s get started!

This article examines how the safe withdrawal rate changes dramatically with retirement time horizon. Using Morningstar’s forward-looking assumptions and Monte Carlo simulations, it estimates that a 40% equity/60% fixed-income portfolio can support a 3.9% starting withdrawal rate over 30 years, but about 4.4% over 25 years and 9.7% over 10 years, assuming a 90% probability of success. The piece also shows how retirees can use these figures to adjust spending during retirement. Someone withdrawing too much may need to reduce spending or give up inflation adjustments, while someone whose portfolio has grown strongly may actually be able to increase spending or use the surplus for gifts and one-off expenses.