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Podcast: Ready, Set, Retire!
Episode: Do we still follow the 4% Rule?
Description: The so-called “4% Rule” for annual retirement withdrawals has been around since the mid-1990s. But Morningstar’s Christine Benz believes that number has been misunderstood. With inflation rearing its ugly head, Benz now feels the safe withdrawal rate should be 3.3%. Should retirees who are taking out more panic? How do you help them come up with the ideal number?See omnystudio.com/listener for privacy information.