The 4% Rule for Fixed Costs in 2023

Bill Bengen, who established the 4% safe maximum withdrawal rate (the rule on which most of financial planning relies), is a straight shooter, and his perspective on whether or not we’re currently in uncharted waters surprised me.

But fear not—there’s a little-discussed element of planning for early (as well as regular!) retirement that might be our saving grace. We’ll unpack that, too.

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Transcripts can be found at podcast.moneywithkatie.com.

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Mentioned in the Episode

• The 4% Rule by Bill Bengen: https://www.retailinvestor.org/pdf/Bengen1.pdf
• Our previous episode on the 4% Rule: https://podcast.moneywithkatie.com/the-most-dangerous-misconceptions-about-the-4-safe-withdrawal-rate/

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