Podcasts Business Retirement Starts Today The Father Of 4% Rule Doesn't Buy 3% Alternative, Ep #267

The Father Of 4% Rule Doesn't Buy 3% Alternative, Ep #267

Published: Oct. 24, 2022, 8 a.m.

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Have you been wondering if the 4% rule still applies with a bear market and high inflation? Many financial pundits may have you questioning the validity of this so-called retirement rule of thumb.\\xa0

In the retirement headlines segment, I share\\xa0a recent article\\xa0from\\xa0Financial Advisor Magazine\\xa0that highlights quotes from the creator of the 4% rule, William P. Bengen. After sharing the retirement headline, I\\u2019ll chime in with my own thoughts on the validity of the rule.\\xa0

Stick around until the end of the episode to hear whether Social Security benefits increase each month that you delay filing until age 70 or each year.\\xa0

Outline of This Episode

  • [1:52] William Bengen doesn\\u2019t believe that it is necessary to adjust spending to 3%
  • [5:24] Where the 4% rule is helpful
  • [9:20] Do Social Security benefits increase each month you delay filing until age 70, or each year?

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