Retirement Starts Today Is the 4% Rule Too Safe? Ep #351
Jun 3, 2024
21:45
The 4% rule is the “golden rule” of retirement planning. Everyone is familiar with it and it’s easy to work out for some quick, back-of-the-napkin math.
Since it is so easy to calculate and implement, many use it as their retirement withdrawal rule. However, this approach may be overly conservative. While using a significantly higher withdrawal rate may go too far, the 4% rule may be too cautious.
Listen in to hear the limitations of sticking with this overly simplistic rule of thumb.
Outline of This Episode- [2:02] Is the 4% rule too safe?
- [10:50] Does it make sense to spend more in the early years while awaiting full retirement age?
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