Will the 4% Rule for Retirement Withdrawals Leave You Broke?
Planning for your retirement is a critical thing to do, and it involves more than just saving sufficiently (if not aggressively) and investing effectively. You also need to plan how you'll withdraw funds over time so that you have the income stream you need without running out of money too soon.
Here's a look at one of the most common rules of thumb for retirement withdrawals, and why you might think twice before using it.
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Source Fool.com
