For those interested in a little more discussion than an article allows, I recently had the pleasure of doing a podcast with Jake Desyllas at The Voluntary Life.  We talked for a while about passive investing, withdrawal rates, and a bit of my high-level philosophy about asset allocation in general.  Check it out.

While you’re there, be sure to take the time to browse Jake’s site.  It’s a wonderful collection of different ways of thinking about life, work, and money.  There’s so much more to a good life than asset allocation, and this kind of information is tremendously helpful for keeping investments in the proper perspective.