If you are a retired Baby Boomer, or a Baby Boomer who has done any retirement planning at all, you are almost certainly ...
It's not a given that it's the best withdrawal strategy for your situation.
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 ...
A lot of people reach retirement age without much money in savings. But if you worked hard and saved well, you may be in a very different position. And if you’re retiring with a respectable nest egg, ...
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 ...
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 ...
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 ...
The 4% rule is a strategy designed to help your retirement nest egg last. It has you withdrawing 4% of your savings your first year of retirement and adjusting future withdrawals for inflation. The 4% ...
For the past three decades, retirees have been encouraged to apply the 4% rule. The retirement spending strategy involves living during your first year of retirement on 4% of the money you have ...
The 4% rule has been THE rule for retirement spending for decades. According to David Blanchett, managing director and head of retirement research at PGIM DC Solutions, 61% of financial advisors use ...
Bill Bengen revised his formula and has a new 'rule' for retirement investors When Bill Bengen introduced the 4% rule in 1994, he had no idea it would take on a life of its own in scholarly debates, ...