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The 4% Withdrawal Guideline

Many retirees have pondered the question of how much of the nest egg can be withdrawn each year without jeopardizing the overall life of that cash reserve. One of the most consistent rules of thumb that folks follow is the 4% rule, and Certified Financial Planner professional and IRS Enrolled Agent David T. Mayes offers some thoughts on factoring in the implications of taxes to get a better perspective on application of this rule. Check out his post on https://www.fosters.com.

 

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