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Podcast: Retirement Starts Today
Episode: Improving the 4% Rule
Description: I'm sure you've all heard about the 4% rule for retirement planning. This rule is great for speculating your likelihood of success, but it isn't always the best rule to follow in practice. Druce Vertes at AdvisorPerspecives.com offers a different approach to implementing the original 4% Rule. On this episode of Retirement Starts Today, we'll dive into his technical article which explores the idea of making the normally rigid 4% rule more flexible to maximize spending for different levels of risk aversion. I'm always looking for innovative ways to help you turn your retirement portfolio into income...