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Wade Pfau: The 4% Rule is No Longer Safe

Wade Pfau: The 4% Rule is No Longer Safe

The American College of Financial Services
The Long View Podcast by Morningstar
April 29, 2020

In our current period of record economic unrest and unprecedented stress on the market, many of the long-understood guidelines of financial planning have to be reconsidered, and one of these is the 4% rule of portfolio withdrawal during retirement.

RICP® program director and co-director of the New York Life Center for Retirement Income Wade Pfau speaks with researchers from Morningstar in their latest podcast segment about retirement planning and explains some of the new rules of the road. Tune in for sound planning advice in this era of COVID-19 turmoil.

Listen here.

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