This near-7% rule looks better for retirees than the 4% rule
The recent bad news from the turmoil in the bond market — which has seen long-term interest rates rising to multidecade highs — is also good news for those nearing or in retirement.
Overview
The recent bad news from the turmoil in the bond market — which has seen long-term interest rates rising to multidecade highs — is also good news for those nearing or in retirement.
Source
Originally published at www.marketwatch.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.