Suze Orman's Insights on Retirement Withdrawal Strategies
Saturday, 25 May 2024, 10:15
Meet the 4% rule
The 4% rule, introduced in 1994 by William Bengen, suggested retirees could withdraw 4% in the first year of retirement, adjusting for inflation annually.
What's wrong with the 4% rule?
- Longevity: Consider your expected lifespan when adopting a 30-year plan.
- Asset allocation: Diversified portfolios challenge the rule's applicability.
- Timing: Market fluctuations impact withdrawal rates significantly.
Ms. Orman advises strategic withdrawals and careful planning for a secure retirement.
What stocks should you add to your retirement portfolio?
The Motley Fool Stock Advisor recommends 10 promising stocks for potential long-term growth.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.