The 4% Rule Is Dead. A recent article by Shawn Langlois via MarketWatch pointed out this sobering fact but is one we have discussed previously. Retirees have long counted on being able to retire on their assets and take out 4% each year. However, a little more than 20-years later, the “death of the withdrawal rate” has arrived. What should retirees do now?
The new savings target for a modest retirement: $8 million? https://www.marketwatch.com/story/the-new-savings-target-for-a-modest-retirement-8-million-2020-08-17
The 4% Rule Is Dead. What Should Retirees Do Now? https://realinvestmentadvice.com/the-4-rule-is-dead-what-should-retirees-do-now/
RTD Retirement Videos: https://www.youtube.com/results?search_query=rethinking+the+dollar+retirement
DOWNLOAD DOLLAR BEAR MARKET: YOUR SAVINGS OUT THE WINDOW NOW! https://www.portfoliowealthglobal.com/rtd/
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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of “Rethinking the Dollar”. Opinions expressed in this video should not be relied on for making investment decisions, tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education.