For more than 30 years, the so-called 4 percent rule — a tidy formula to help retirees figure out how much they can withdraw from their portfolios each year without running out of money — has loomed ...
The most famous retirement rule of thumb just got an upgrade. Bill Bengen, the financial planner who gave us the 4% rule, now says the number is 4.7%. That's good news if you're planning to retire ...
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 ...
The 4% Rule is arguably the most famous strategy for making sure your retirement income lasts long. Developed in the 1990s, it offers an evidence-based answer to most retirees’ question: “How much can ...