iOS app Android app

4 Percent Rule

"4% Rule" Serves as Guideline for Today's Retirees, But Use With Caution

Cheryl Krueger | Posted 06.04.2012 | Money
Cheryl Krueger

An estimated 10,000 baby boomers turn age 65 each day. Many of them have a significant portion of their retirement savings invested in non-guaranteed defined contribution plans such as 401(k)s and IRAs. As they retire, they will need to switch from saving to spending down.