The Father Of 4% Rule Doesn't Buy 3% Alternative, Ep #267

Retirement Starts Today

Have you been wondering if the 4% rule still applies with a bear market and high inflation? Many financial pundits may have you questioning the validity of this so-called retirement rule of thumb.

In the retirement headlines segment, I share a recent article from Financial Advisor Magazine that highlights quotes from the creator of the 4% rule, William P. Bengen. After sharing the retirement headline, I’ll chime in with my own thoughts on the validity of the rule.

Stick around until the end of the episode to hear whether Social Security benefits increase each month that you delay filing until age 70 or each year.

Outline of This Episode

• [1:52] William Bengen doesn’t believe that it is necessary to adjust spending to 3%
• [5:24] Where the 4% rule is helpful
• [9:20] Do Social Security benefits increase each month you delay filing until age 70, or each year?

Resources & People Mentioned

• The Father Of ‘4% Rule' Doesn't Buy 3% Alternative
• Delayed Social Security Planner

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