It's not a given that it's the best withdrawal strategy for your situation.

For decades, retirees have leaned on the 4% withdrawal rule as a simple way to turn a nest egg into a paycheck. The idea ...

Key Takeaways The 4% rule started as a research-based guideline for a 30-year retirement, not a promise that your money will last no matter what.​Longer retirements, lower expected returns, and rising ...

Forbes contributors publish independent expert analyses and insights. I write about building wealth and achieving financial freedom. Mar 30, 2024, 11:21am EDT Mar 30, 2024, 11:22am EDT One of the most ...

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 ...

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 is an easy way to determine how much to withdraw from savings in retirement. The rule calls for withdrawing 4% of your savings in the first year and adjusting that amount for inflation ...

The so-called 4% rule has only been around for a few decades, but it’s become a rule of thumb for financial advisors and investors looking for guidance on estimated yearly income withdrawals in ...

The 4% Rule creator later admitted his 1994 calculations used flawed assumptions from 1968 economic conditions. Bengen revised his SAFEMAX rate to 7% over longer periods after factoring in historical ...

When financial adviser William Bengen invented the 4% rule for retirement planning, Beanie Babies were a hot collectible and Forest Gump had just debuted. The rule provides a general guideline for how ...