Been hearing a lot that nobody actually follows this rule in practice. Big ERN doesn't, other famous 'finfluencers' don't as well, usually making enough money from 'finfluencing' to not have to touch investments. Even Mr. 4% himself, Bill Bengen doesn't live it as he has enough assets to never get even close to 4% withdrawal.
I was a sole earner, retired now with a young family. Even though I have zero income sources other than my investments, I also don't live the 4% rule as I'm a scaredy cat and spend less than I can. Although I'm closer to following this rule than many other famous voices (who either are side-hustling or have working spouses).
I calculated my % withdrawal that I was comfortable with at retirement, and am increasing my spend with inflation each year. So I am strictly following the 4% rule mechanics, just with a lower %.
I'm curious to hear from others, especially those that are following the 4% rule (or close to it).
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