In retirement, how much of your savings and investment can you spend without running out of money? William Bengen, a financial counselor, produced a paper answering this subject in 1994
Tag: 4% Rule
What The ‘4% Rule’ Actually Means
We should unpack the “4% rule,” laid out by Bill Bengen, distributed in the Journal of Financial Planning in 1994. Bengen’s exploration found that with regards to history, one might have taken…