Does the 4% Withdrawal Rule Still Apply?

The American College of Financial Services
U.S. News and World Report
May 13, 2020

The 4% rule of retirement plan withdrawal has been a financial planning standard for decades, but market upheaval, the COVID-19 pandemic, and other factors have called it more and more into question. Is it an outdated way to plan for your clients’ retirements?

RICP® program director and New York Life Center for Retirement Income co-director Wade Pfau has spent years researching the 4% rule, and agrees with other experts that it may need to be modified, or in some cases, disregarded altogether.

More in U.S. News and World Report.

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