1 month I’m 48 with a $1 million retirement portfolio – would recalculating my 4% withdrawal every year let me spend more safely? 24/7 Wall St.
Finding the perfect withdrawal rate is something that all prospective retirees should do well ahead of time. Undoubtedly, the so-called “4% rule” that entails drawing down 4% of one’s retirement nest egg per year is popular among most. But, as always, rules of thumb aren’t the perfect fit for everybody. Some retirees, especially younger people […]
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