Financial advice professionals have used the 4% rule as a benchmark for advising their clients in scheduling their retirement ...

Investment researchers have been playing around with the 4% rule, looking for ways that retirees can safely spend more on ...

On the other hand, if you have a chronic illness and don’t expect to live into your 90s, you could consider a higher rate.

One way to mitigate this issue is to keep some portion of your portfolio in cash or short-term bonds to meet short-term needs. You can rely on this cash buffer when the market is down, your ...

Believe it or not, the IRS can penalize you if you don't use your money. Yes, you read that right, the U.S. government ...

Retirees rarely go broke because of one wild purchase. Savings usually erode for a quieter reason: spending as if the ...

Morningstar’s new analysis suggests retirees can start with one withdrawal rate and adjust for inflation, but taxes, fees, and portfolio mix still matter.

Planning a comfortable retirement typically means having more control over your finances. You need to take a look at your investments, savings and cash on hand, but you should consider your living ...

In 2022, the last year for which there’s data available, the average retirement savings balance for 65- to 74-year-olds was ...

How does it work? The 4% rule is a popular retirement withdrawal strategy that involves withdrawing 4% of your total retirement savings during your first year of retirement. In subsequent years, you ...

When it comes to spending in retirement, financial advisers and investment experts have long clung to the golden 4% rule as ...