2 weeks I’ve been told I can bump up my annual withdrawal if the market’s up – could a ‘dynamic 4% rule’ backfire in the long run? 24/7 Wall St.

The 4% withdrawal rule is a common practice among retirees. The idea is that you withdraw 4% of your portfolio each year and live on the withdrawal. However, the 4% rule also assumes that prices stay the same. Furthermore, it makes the assumption that your portfolio doesn’t go through downturns. A Redditor brought up these […]

The post I’ve been told I can bump up my annual withdrawal if the market’s up – could a ‘dynamic 4% rule’ backfire in the long run? appeared first on 24/7 Wall St..