6 days What If the 4% Rule Meant Something Else? 24/7 Wall St.

“The 4% Drawdown Rule” for retirees has become a reference rule of thumb since it was coined by financial advisor William Bengen in 1994. Predicated on various retirement portfolios, Bengen calculated that an approximately 4.0%-4.2% annual drawdown on a retirement account starting at age 65 stood a 90% chance of the portfolio lasting for 30 […]