Ramsey’s 8% Retirement Rule Sounds Nuts At First
fadfebrian / Shutterstock.com Dave Ramsey recommends an 8% annual withdrawal rate for retirees who invest 100% in stocks.…
Retiring Next Year? Use This Withdrawal Rate Instead of The 4% Rule, New Report Finds
kate_sept2004 / Getty Images Morningstar analysis suggests that retirees could start out with a 3.9% withdrawal rate. You’ve…
I’m 55 with $2.5 million saved and no debt and would like to increase my monthly spend by $4k – can I afford it?
Timofey Zadvornov from Getty Images and Kaboompics.com from Pexels A 55-year-old retiree with $2.5M can safely withdraw around…
‘The Less Money You Spend, The Earlier You Can Retire’
Financial personality Vincent Chan recently laid out how to retire with a $500,000 portfolio. It may sound counterintuitive…
What the New 4.7% Rule Looks Like for Spending
As there’s no way to predict investment returns, inflation rates or longevity, the fear of running out of…
I just retired at age 61 and left my $145,000 salary – how much can I pull from my nest egg every year without the fear of running out of money?
Canva | Rido and bjdlzx from Getty Images Signature Running out of money in retirement is one of…
Dave Ramsey Calls Co-Host’s 3% Retirement Withdrawal Rate Advice ‘Hope-Stealing Trash’ After 30-Year-Old With $120K Nest Egg Calls In Confused
For years, financial advisors have drilled the so-called “safe withdrawal rate” into the heads of retirement planners. The…
3 Tricky Decisions for Every Retirement Plan
Retirement planning is complicated. Fewer retirees can rely on pensions, so more people have to find retirement income…
Americans Think They Need $1.26 Million to Retire. Are They Right?
What’s the magic number to achieve retirement security? According to a recent Northwestern Mutual study, it’s $1.26 million.…
The Rules of Retirement Are Changing— How It Can Impact Your Home and Savings
Conventional wisdom has long held that retirees should plan on spending 4% of their savings in the first…
Here’s the original author’s new retirement advice
For more than 30 years, the so-called 4 percent rule — a tidy formula to help retirees figure out…