The 4% Rule Is Far From Dead. Here's How to Make It Work for You.
The advice still has merit provided you understand a key nuance.
Overview
If you've spent any time reading about retirement planning, you've probably come across the 4% rule. It's one of the best-known guidelines for preserving retirement savings.
The 4% rule has you withdrawing 4% of your IRA or 401(k) balance your first year of retirement. From there, you adjust subsequent withdrawals in line with inflation.
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Details
Source
Originally published at www.fool.com.
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