
How Relevant Is The 4% Rule of Thumb These Days?
Generations of financial planners have advised their clients to use the 4% rule when planning retirement withdrawals. But is it still relevant today?
This article explains that, while the 4% rule can be a good way to think about how much you will need to save for retirement, it can never replace a proper financial plan.
Like most rules of thumb it’s not completely worthless – but it’s also not the answer to a happy and prosperous retirement. Planning your retirement is probably the biggest financial decision you’ll ever have to make so please do consult a qualified financial planner.