
#002 - What's the 4% Rule?
Retirement Planning Education, with Andy Panko
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How Long Does a Three % Initial Withdrawal Last?
Bengin: Running out of money in retirement is a much worse problem than dying with waig too much. He says if you withdraw only four % initially, historically speaking, that's the safe amount to take from your portfolio. In 50 different 30 year periods he looked at, it was, i think, 30 something, of those trials, it lasted over 50 years. The typical retire retiring at 60, chances are not living to hundred and ten.
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