Support our online development, and advance our onground research initiatives in free market economics, as we seek to showcase the brightest Next-Gen minds.
THE ME-P DISCLAIMER: Posts, comments and opinions do not necessarily represent iMBA, Inc., but become our property after submission. Copyright © 2006 to-date. iMBA, Inc allows colleges, universities, medical and financial professionals and related clinics, hospitals and non-profit healthcare organizations to distribute our proprietary essays, photos, videos, audios and other documents; etc. However, please review copyright and usage information for each individual asset before submission to us, and/or placement on your publication or web site. Attestation references, citations and/or back-links are required. All other assets are property of the individual copyright holder.
Still Valid or Not?
PLUS the “RULES of 72, 78 and 115″ Explained”
By Staff Reporters
SPONSOR: http://www.CertifiedMedicalPlanner.org
***
***
The 4% Rule is a practical rule of thumb that may be used by retirees to decide how much they should withdraw from their retirement funds each year; according to Investopedia.
The purpose of adopting the rule is to keep a steady income stream while maintaining an adequate overall account balance for future years. The withdrawals will consist primarily of interest and dividends on savings.
CITE: https://www.r2library.com/Resource/Title/082610254
CHALLENGE: But, experts like Mike Kitces are divided on whether the 4% withdrawal rate is the best option. Many, including the creator of the rule, say that 5% is a better rule for all but the worst-case scenario.
***
RULES of 72, 78 and 115: https://medicalexecutivepost.com/2020/11/22/the-rules-of-72-78-and-115/
***
***
***
COMMENTS APPRECIATED.
Thank You
Subscribe to the Medical Executive-Post.com
***
***
Share this:
Filed under: "Ask-an-Advisor", CMP Program, Experts Invited, Funding Basics, Glossary Terms, Investing, Videos | Tagged: 4% rule, CMP, CMP Program, Four percent rule, Kitces, rule 115, rule 72, rule 78 |
The Leading Business Education Network for Doctors, Financial Advisors and Health Industry Consultants 
A deeper look at the 4% rule
The 4% rule states that a person hoping to be retired for the next 30 years could spend 4% of their portfolio in the first year of retirement, with inflation-adjusted withdrawals added to that percentage each following year. It’s just a rough guideline, and it has come under fire recently. What’s more, as Vanguard points out: “the 4% rule didn’t factor investment fees into estimated returns” and “minimizing costs allows for a significantly higher likelihood of success.
Ben
LikeLike