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Modernization of the 4% rule

In 1994, financial adviser William Bengen introduced the concept of the “4% rule”; it was developed to answer the question, “How much can I safely withdraw from my retirement savings each year and have my nest egg last for the duration of my retirement?” Now more than 20 years out from the introduction of the 4% rule, experts recognize that this simple rule needs some modernization. Read attached article on the modernization of this rule. Read article here…

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