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Withdrawing from your nest egg: The old rules may not work well
The “4% Rule”, first put forth in 1994, is still offered as a starting point for how much should should be able to safely withdraw from your retirement nest egg without running out of money. But the financial world, like most other things in life, is constantly changing and evolving, so that the old rules may not still be the best approach for you. This Motley Fool article by Wendy Connick offers some insight into how to determine your withdrawal amount so you can stay solvent for the rest of your life. Click here to read more.
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