It Looks Like We Can Spend More Each Year After We Retire
By Craig Erwin, Ph.D. The 4% rule, widely used by financial advisors, says retirees can safely withdraw 4% of their retirement savings each year without outliving their money. William Bengen, a retired financial advisor, developed the 4% rule in 1994. Recently some financial advisors have cautioned that perhaps 4% is too much to withdraw each … Continue reading It Looks Like We Can Spend More Each Year After We Retire
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