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Summary: P E ratios examined supported withdrawal rates from 6 to 10 the years 1896 1923 and 1935 See data table The correlation coefficient for the plot below is 0 55 R squared is 0 30 Note A few readers have asked Why does the Excel spreadsheet show a 100 safe withdrawal of 4 26 while the online calculator shows 3 93 Click here for the explanation 100 Cash

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