Looking Beyond the 4 Percent Rule: Modern Retirement-Drawdown Strategies

Date:

Retirement isn’t one-size-fits-all—use guardrails, buckets, or guaranteed income to stay secure. Pressmaster/ShutterstockIf you’re nearing retirement, you’ve probably heard of the 4 percent rule. It’s a popular retirement savings withdrawal strategy.It states you should withdraw 4 percent of your savings in the first year of retirement. Then, you adjust that dollar amount for inflation each following year. And the theory is that this should help your savings last about 30 years.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Amazon Buys Swiss Robotics Startup Rivr for Doorstep Delivery

CompaniesThe acquisition continues the online retailer’s aggressive expansion into...

Georgia Governor Signs Bill Suspending State Gas Tax for 60 Days

Georgia Gov. Brian Kemp delivers the State of the...

This Obscure Program Feeds the H-1B VisaMeet Optional Practical Training

WASHINGTON—Americans have become familiar with the H-1B, a skilled worker...

Trump Backs Changes to Health Savings AccountsWhat to Know

Health Savings Accounts have been around since 2003, but...