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The 4% Rule Revisited
It’s a persistent dilemma for retirees and soon-to-be retirees–the concern over outliving one’s accumulated nest egg in retirement. And it’s a valid concern, since statistically, surveys show that many folks have not been able to save at levels that would sustain the type of lifestyle they’d prefer in retirement. Michelle Singletary, in a post on www.washingtonpost.com, takes a look at the 4% rule that many are familiar with, and discusses situations where rethinking might be in order. Read her post here…
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