
Withdrawal & Income Planning
Financial advisors are moving past the 4 percent rule: Guardrails and dynamic-percentage strategies explained
A retiree with $750,000 in savings who follows the 4 percent rule will pull out $30,000 in year one, then bump that amount each year to keep pace with inflation. The rule traces back to financial planner William Bengen, who published his research in the Journal of Financial Planning in October