William Bengen established 4% as the initial safe withdrawal rate in retirement more than 30 years ago. But in subsequent research, he has concluded that 4% is likely much too low. That research is thoroughly explained in his new book, “A Richer Retirement: Supercharging the 4% Rule to Spend More and Enjoy More.”Bengen joined Motley Fool retirement expert Robert Brokamp to discuss:
- how factors such as market valuation and inflation affect the safe withdrawal rate
- whether retirees should decrease or increase their allocation to stocks as they get older
- Bengen’s suggested withdrawal rate for current retireesHost: Robert Brokamp
Guest: William Bengen
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