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Still Valid or Not?
PLUS the “RULES of 72, 78 and 115″ Explained”
By Staff Reporters
SPONSOR: http://www.CertifiedMedicalPlanner.org
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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.
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RULES of 72, 78 and 115: https://medicalexecutivepost.com/2020/11/22/the-rules-of-72-78-and-115/
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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 |
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