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Is the 4% rule even relevant today?
In 1994, William Bengen introduced the idea of the 4% rule as a common rule of thumb in retirement planning to help you avoid running out of money in retirement. But times have changed, and so have retirement plans. However, according to the latest research, 61 percent of financial advisors still use this rule. Lorie Konish explores whether it is time to rethink the 4 percent retirement withdrawal rule. Read Ms. Konish’s article here…
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