Reported 2 days ago
The 4% rule is a guideline for retirees that suggests withdrawing 4% of their total savings in the first year of retirement, adjusting for inflation in subsequent years. With two-thirds of Americans fearful of outliving their savings, financial experts emphasize personalizing this approach to meet individual needs—considering factors such as retirement duration, investment strategy, and spending flexibility—to ensure a sustainable income throughout retirement.
Source: YAHOO