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The “4% Rule” isn’t always best for retirement withdrawals
The “4% rule”, which recommends limiting annual withdrawals to 4% of your retirement nest egg in order to preserve it for your lifetime, has long been the standard recommendation by most financial planners. But because the investment market has its up’s and down’s, a more customized withdrawal plan which takes life expectancy, Social Security and taxes into account may work better. This article by Tom Anderson appears at CNBC.com and offers an alternative view of how to withdraw your investments during retirement. Click here to read more.