After decades of hard work, retirement should be a time to enjoy the fruits of your labor. But figuring out how to make your retirement funds last, especially in an uncertain or volatile economy, is ...
It sounds like something that should not happen. You did the math. You talked to a financial planner. You saved for decades, built a balanced portfolio, and followed what millions of Americans ...
The 4% rule of retirement puts you on an austere budget in your leisure years. Even if you save a million dollars, the 4% formula allows you to spend only $40,000 of your money in the first year. But ...
Three decades ago, financial adviser Bill Bengen created a retirement principle called the 4% rule. It went viral. Now, the rule is getting an update. The 4% rule says you should plan to spend 4% of ...
The 4% Rule is arguably the most famous strategy for making sure your retirement income lasts long. Developed in the 1990s, it offers an evidence-based answer to most retirees’ question: “How much can ...
Three decades ago, financial adviser Bill Bengen created a retirement principle called the 4% rule. It went viral. Now, the rule is getting an update, which may be of particular interest in ...
Bill Bengen, the father of the 4% rule, agrees that a 4% withdrawal rate doesn't work for everyone. Most retirees can withdraw more without worrying about running out of money. The ideal withdrawal ...