What is the Most Popular Retirement Income Strategy

When William Bengen published his research in 1994, he fundamentally changed how Americans approach retirement spending. His “4% rule” – which suggests withdrawing 4% of your portfolio in the first year of retirement and adjusting for inflation thereafter – quickly became the default strategy for millions of retirees. In fact, Bengen recently updated his research to reflect a 4.7% safe withdrawal rate based on more sophisticated portfolio diversification. Yet for high-net-worth individuals and families, relying on this one-size-fits-all approach represents a missed opportunity for optimization. The popularity of the 4% rule stems from its simplicity. It provides an easy […]