The 4% rule is the \u201cgolden rule\u201d of retirement planning. Everyone is familiar with it and it\u2019s easy to work out for some quick, back-of-the-napkin math.\xa0
Since it is so easy to calculate and implement, many use it as their retirement withdrawal rule. However, this approach may be overly conservative. While using a significantly higher withdrawal rate may go too far, the 4% rule may be too cautious.\xa0
Listen in to hear the limitations of sticking with this overly simplistic rule of thumb.
Outline of This EpisodeSubscribe to Retirement Starts Today on
Apple Podcasts,Stitcher,TuneIn,Podbean,Player FM,iHeart, orSpotify
\xa0