{"id":628082,"date":"2024-07-18T16:54:28","date_gmt":"2024-07-18T13:54:28","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/is-it-time-to-rethink-this-popular-withdrawal-guideline\/"},"modified":"2024-07-18T16:54:28","modified_gmt":"2024-07-18T13:54:28","slug":"is-it-time-to-rethink-this-popular-withdrawal-guideline","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/is-it-time-to-rethink-this-popular-withdrawal-guideline\/","title":{"rendered":"#Is it time to rethink this popular withdrawal guideline?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_89 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6af6ca349e216\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6af6ca349e216\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/is-it-time-to-rethink-this-popular-withdrawal-guideline\/#What_is_the_4_rule_for_retirement_withdrawals\" >What is the 4% rule for retirement withdrawals?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/is-it-time-to-rethink-this-popular-withdrawal-guideline\/#%F0%9F%94%8D_Does_the_4_rule_work_if_you_plan_to_retire_early\" >\ud83d\udd0d Does the 4% rule work if you plan to retire early?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/is-it-time-to-rethink-this-popular-withdrawal-guideline\/#Brief_history_of_the_4_rule\" >Brief history of the 4% rule<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/is-it-time-to-rethink-this-popular-withdrawal-guideline\/#Who_is_the_4_rule_best_for\" >Who is the 4% rule best for?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/is-it-time-to-rethink-this-popular-withdrawal-guideline\/#Drawbacks_of_the_4_rule\" >Drawbacks of the 4% rule<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/is-it-time-to-rethink-this-popular-withdrawal-guideline\/#Alternative_strategies_and_modifications\" >Alternative strategies and modifications<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/buradabiliyorum.com\/en\/is-it-time-to-rethink-this-popular-withdrawal-guideline\/#FAQs_The_4_rule_and_drawing_down_your_retirement\" >FAQs: The 4% rule and drawing down your retirement<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/buradabiliyorum.com\/en\/is-it-time-to-rethink-this-popular-withdrawal-guideline\/#How_long_can_you_live_on_the_4_rule\" >How long can you live on the 4% rule?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/buradabiliyorum.com\/en\/is-it-time-to-rethink-this-popular-withdrawal-guideline\/#What_is_the_25x_rule_and_4_rule\" >What is the 25x rule and 4% rule?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/buradabiliyorum.com\/en\/is-it-time-to-rethink-this-popular-withdrawal-guideline\/#Why_is_the_4_rule_outdated\" >Why is the 4% rule outdated?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/buradabiliyorum.com\/en\/is-it-time-to-rethink-this-popular-withdrawal-guideline\/#Is_a_4_withdrawal_rate_still_a_good_retirement_rule_of_thumb\" >Is a 4% withdrawal rate still a good retirement rule of thumb?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/buradabiliyorum.com\/en\/is-it-time-to-rethink-this-popular-withdrawal-guideline\/#Sources\" >Sources<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/buradabiliyorum.com\/en\/is-it-time-to-rethink-this-popular-withdrawal-guideline\/#About_the_writer\" >About the writer<\/a><\/li><\/ul><\/nav><\/div>\n<div>As you <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roach retirement, one of the most important questions you&#8217;ll need to answer is: <em>How much can I safely withdraw from my retirement savings each year without running out of money?<\/em><\/p>\n<p>The 4% rule of retirement is a popular guideline that aims to help you answer this question and make your savings last throughout your golden years. But it\u2019s not a perfect rule, and it\u2019s not ideal for everyone. We also explore alternative drawdown strategies if you feel it\u2019s not right for you.<\/p>\n<h2 class=\"caas-jump-link-heading\" id=\"what-is-the-4-rule-for-retirement-withdrawals\"><span class=\"ez-toc-section\" id=\"What_is_the_4_rule_for_retirement_withdrawals\"><\/span>What is the 4% rule for retirement withdrawals?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The 4% is a retirement planning rule that suggests you can safely withdraw 4% of your retirement portfolio balance each year, adjusted for inflation, without running out of money. It assumes a 30-year retirement period and a portfolio allocation of 50% stocks and 50% bonds, which is considered a moderate risk allocation.<\/p>\n<p>Here&#8217;s how the 4% rule works in practice:<\/p>\n<p>If you have $1 million in retirement savings, you&#8217;d withdraw $40,000 in your first year (or 4% of $1 million). In subsequent years, you&#8217;d adjust this amount for inflation. You could use the Federal Reserve\u2019s 2% target inflation rate or current inflation rates for a more accurate view of your cost of living.<\/p>\n<p>Assuming a 2% inflation rate, you&#8217;d withdraw $40,800 in year two, $41,616 in year three, and so on.<\/p>\n<p>The 4% retirement rule doesn&#8217;t account for investment fees or taxes. Investment fees charged by financial advisors or mutual funds can eat into your returns and shorten how long your portfolio lasts.<\/p>\n<p>For example, let&#8217;s compare the growth of a $1 million portfolio over 30 years with and without a 1% annual investment fee, assuming a 7% annual return (and assuming no withdrawals).<\/p>\n<p>As you can see, a 1% annual fee can reduce your portfolio value by more than $1.4 million over 30 years. This doesn\u2019t include the income taxes you\u2019ll pay on withdrawals from traditional IRAs and 401(k)s, which further reduces the amount you have available for living expenses.<\/p>\n<p><strong>Related reading:<\/strong> 401(k) withdrawal rules: What to know before cashing out \u2014 and how to avoid penalties<\/p>\n<h3><span class=\"ez-toc-section\" id=\"%F0%9F%94%8D_Does_the_4_rule_work_if_you_plan_to_retire_early\"><\/span><strong>\ud83d\udd0d Does the 4% rule work if you plan to retire early?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 4% rule assumes a typical 30-year retirement. If you retire early and need your money to last longer than 30 years, this particular drawdown strategy may not work for you. (If you <em>are<\/em> planning to retire early, learn about your healthcare options as an early retiree.)<\/p>\n<h3 class=\"caas-jump-link-heading\" id=\"brief-history-of-the-4-rule\"><span class=\"ez-toc-section\" id=\"Brief_history_of_the_4_rule\"><\/span>Brief history of the 4% rule<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 4% rule was created by financial advisor William (Bill) Bengen in his 1994 paper &#8220;<a rel=\"nofollow noopener\" target=\"_blank\" data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/financialplanningassociation.org\/sites\/default\/files\/2021-04\/MAR04%20Determining%20Withdrawal%20Rates%20Using%20Historical%20Data.pdf\" data-ylk=\"slk:Determining Withdrawal Rates Using Historical Data;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link rapid-noclick-resp\">Determining Withdrawal Rates Using Historical Data<\/a>.&#8221;<\/p>\n<p>Bengen analyzed historical data on stock and bond returns over a 50-year period and concluded that retirees could withdraw 4% of their initial retirement portfolio balance annually, adjusted for inflation, and have a high probability of not running out of money for at least 30 years.<\/p>\n<p>Since then, the 4% rule has become a widely referenced guideline in retirement planning. But it\u2019s also been criticized, with Bengen himself saying he created the rule based on a worst-case scenario \u2014 retiring in 1969 during high inflation and a market downturn \u2014 and that it may be too conservative at times. (You can <a rel=\"nofollow noopener\" target=\"_blank\" data-i13n=\"elm:affiliate_link;sellerN:Morningstar;elmt:;cpos:5;pos:1\" href=\"https:\/\/shopping.yahoo.com\/rdlw?merchantId=ba625039-6ea0-4eba-8318-931e913c4ce9&amp;siteId=us-aol&amp;pageId=1p-autolink&amp;featureId=text-link&amp;merchantName=Morningstar&amp;custData=eyJzb3VyY2VOYW1lIjoiV2ViLURlc2t0b3AtVmVyaXpvbiIsImxhbmRpbmdVcmwiOiJodHRwczovL3d3dy5tb3JuaW5nc3Rhci5jb20vcGVyc29uYWwtZmluYW5jZS9iaWxsLWJlbmdlbi1yZXZpc2l0aW5nLXNhZmUtd2l0aGRyYXdhbC1yYXRlcyIsImNvbnRlbnRVdWlkIjoiN2NhMTQ1ZTQtODk0Zi00Zjk0LTg3MmYtYmQ5YjE4ZjM0NmY2In0&amp;signature=AQAAAWGCdoxloc-IoyAbd_ApNojEIGPqHAwTA2UPme3_xsma&amp;gcReferrer=https%3A%2F%2Fwww.morningstar.com%2Fpersonal-finance%2Fbill-bengen-revisiting-safe-withdrawal-rates\" class=\"link rapid-noclick-resp rapid-with-clickid etailiffa-link\" data-ylk=\"slk:read or listen to an interview with Bill Bengen;elm:affiliate_link;sellerN:Morningstar;elmt:;cpos:5;pos:1;itc:0;sec:content-canvas\">read or listen to an interview with Bill Bengen<\/a> to learn how he feels about the 4% rule now.)<\/p>\n<h2 class=\"caas-jump-link-heading\" id=\"who-is-the-4-rule-best-for\"><span class=\"ez-toc-section\" id=\"Who_is_the_4_rule_best_for\"><\/span>Who is the 4% rule best for?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The 4% rule can benefit retirees who:<\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p>Prefer a simple, easy-to-follow drawdown strategy<\/p>\n<\/li>\n<li>\n<p>Want a relatively safe and predictable income stream in retirement<\/p>\n<\/li>\n<li>\n<p>Have a balanced portfolio allocated to 50% stocks and 50% bonds<\/p>\n<\/li>\n<li>\n<p>Expect a retirement that lasts around 30 years<\/p>\n<\/li>\n<\/ul>\n<p>Even if the 4% rule isn&#8217;t perfect for your situation, it can serve as a useful starting point for determining your retirement withdrawal strategy. You can always adjust the percentage up or down based on your lifestyle and needs.<\/p>\n<p><strong>Dig deeper: <\/strong>How to invest your money after retirement \u2014 and make it last through your golden years<\/p>\n<h2 class=\"caas-jump-link-heading\" id=\"drawbacks-of-the-4-rule\"><span class=\"ez-toc-section\" id=\"Drawbacks_of_the_4_rule\"><\/span>Drawbacks of the 4% rule<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The 4% rule can be a helpful starting point as you plan for retirement. But it\u2019s important to know its limitations and prepare to adapt your strategy as needed.<\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p><strong>It can be too rigid. <\/strong>The rule assumes you&#8217;ll spend the same amount each year, adjusted for inflation. But in reality, your spending may vary a lot. \u201cThe rule doesn\u2019t have the level of flexibility that a retiree may need over their lifetime to live the life of joy they envisioned,\u201d says Lawrence Sprung, CFP, author of <em>Financial Planning Made Personal<\/em>, and founder of Mitlin Financial. \u201cPerhaps you have plans to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">travel<\/a> extensively early on and then slow down later when you\u2019re older. You may need more than 4% of your assets early on, or vice versa.\u201d<\/p>\n<\/li>\n<li>\n<p><strong>It&#8217;s based on the past.<\/strong> The rule relies on historical market data, including periods like the 1929 stock market crash and the Great Depression. But there&#8217;s no guarantee that future returns will look like the past, especially with the market&#8217;s ups and downs.<\/p>\n<\/li>\n<li>\n<p><strong>It may be too aggressive if inflation is high.<\/strong> If inflation is higher than expected, your purchasing power could erode more quickly, and the 4% rule may not provide enough income to maintain your lifestyle. For instance, in 2022, inflation hit an all-time high of 6.2% in the first half of the year and continued to stay above 4% until the end of 2023.<\/p>\n<\/li>\n<li>\n<p><strong>It ignores some key costs.<\/strong> \u201cHealthcare costs are arguably one of the largest variables that may impact your costs in retirement,\u201d says Sprung. \u201cThe higher your healthcare costs in retirement, the greater the chance that the 4% rule will not ultimately work for you.\u201d It also doesn&#8217;t account for taxes on withdrawals or investment fees \u2014 two more key costs to watch out for.<\/p>\n<\/li>\n<li>\n<p><strong>It may not work for longer retirements.<\/strong> The 4% rule is based on the assumption that you retire around age 65 and die around age 95. If you plan to live a longer retirement (maybe because you retire earlier or live longer), the 4% rule may not stretch your savings far enough.<\/p>\n<\/li>\n<\/ul>\n<h2 class=\"caas-jump-link-heading\" id=\"alternative-strategies-or-modifications\"><span class=\"ez-toc-section\" id=\"Alternative_strategies_and_modifications\"><\/span>Alternative strategies and modifications<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you\u2019re going to follow the 4% rule, Sprung suggests making adjustments over time based on your retirement goals. \u201cThe 4% rule, like any rule, should be used only as a guideline,\u201d says Sprung.<\/p>\n<p>Here are smart ways and ideas for making your money last in retirement:<\/p>\n<ul class=\"caas-list caas-list-bullet\">\n<li>\n<p><strong>Stay flexible.<\/strong> Adjust your withdrawal rate based on market performance. In good years, take out a little more; in bad years, withdraw less. This strategy can help your portfolio last longer by adapting to market conditions.<\/p>\n<\/li>\n<li>\n<p><strong>Use buckets.<\/strong> Split your savings into different &#8220;buckets&#8221; for the short, medium and long term. Keep cash for short-term expenses of one to two years, bonds for medium-term expenses of three to 10 years and stocks for long-term growth of 10 or more years.<\/p>\n<\/li>\n<li>\n<p><strong>Create guardrails.<\/strong> Set a maximum and minimum withdrawal percentage (for example, 5% and 3%). If your withdrawal rate falls outside these guardrails because of market changes, you can adjust your spending temporarily to stay within range. That way, you avoid overspending in down markets and underspending in strong ones.<\/p>\n<\/li>\n<li>\n<p><strong>Bring in extra cash.<\/strong> If you need more than 4% of your retirement savings to live off of, think about other ways to increase your income \u2014 like consulting in retirement, taking on a part-time job or renting out property.<\/p>\n<\/li>\n<\/ul>\n<p>The bottom line? Be ready to adapt your plan as you go. By staying open to different strategies and checking in regularly, you&#8217;ll be in better shape to make your savings last as long as you need it.<\/p>\n<p>Also, don\u2019t be afraid to talk to a financial advisor if you need help planning for retirement. An advisor\u2019s job is to help you manage your wealth \u2014 and that includes creating a drawdown strategy for retirement.<\/p>\n<p><strong>Dig deeper: <\/strong>How to budget in retirement: 7 steps to maintaining your finances on a fixed income<\/p>\n<h2 class=\"caas-jump-link-heading\" id=\"faqs-the-4-rule-and-drawing-down-your-retirement\"><span class=\"ez-toc-section\" id=\"FAQs_The_4_rule_and_drawing_down_your_retirement\"><\/span>FAQs: The 4% rule and drawing down your retirement<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Learn more about retirement planning, the 4% rule and living off your retirement savings.<\/p>\n<h3 class=\"caas-jump-link-heading\" id=\"how-long-can-you-live-on-the-4-rule\"><span class=\"ez-toc-section\" id=\"How_long_can_you_live_on_the_4_rule\"><\/span>How long can you live on the 4% rule?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 4% rule is designed to make your retirement savings last for 30 years. For example, if you retire at age 65 with $1 million in savings, the rule suggests you can withdraw $40,000 per year (adjusted for cost of living) until age 95. However, this assumes a specific investment mix and historical market conditions. Depending on your actual retirement length, spending habits and market performance, your savings may last longer or shorter than 30 years.<\/p>\n<h3 class=\"caas-jump-link-heading\" id=\"what-is-the-25x-rule-and-4-rule\"><span class=\"ez-toc-section\" id=\"What_is_the_25x_rule_and_4_rule\"><\/span>What is the 25x rule and 4% rule?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 25x rule suggests saving 25 times your annual expenses to retire comfortably. It\u2019s the inverse of the 4% rule, so you can use it to \u201cwork backward\u201d and calculate how much you need to save based on your desired annual retirement income. For example, if you want to withdraw $50,000 your first year of retirement, you\u2019d need to save $1.25 million ($50,000 x 25) to follow the 4% rule.<\/p>\n<h3 class=\"caas-jump-link-heading\" id=\"why-is-the-4-rule-outdated\"><span class=\"ez-toc-section\" id=\"Why_is_the_4_rule_outdated\"><\/span>Why is the 4% rule outdated?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 4% rule is outdated because it doesn&#8217;t adapt to changing economic conditions. Sometimes it&#8217;s too conservative \u2014 like when inflation is normal or the stock market is performing well. Other times it\u2019s too risky \u2014 for example, when inflation is high or markets are down. The rule also doesn\u2019t consider your individual circumstances or the type of lifestyle you want to live in retirement.<\/p>\n<p>Suze Orman is <a rel=\"nofollow noopener\" target=\"_blank\" data-i13n=\"cpos:9;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/suze-orman-slams-4-retirement-133000487.html\" data-ylk=\"slk:quoted saying 4% is too risky;cpos:9;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link rapid-noclick-resp yahoo-link\">quoted saying 4% is too risky<\/a> and that 3% is a safer withdrawal rate. Meanwhile, Bill Bengen, the creator of the 4% rule, is quoted on a podcast in 2022 saying that 4% is too conservative and that he&#8217;s upped his withdrawal rate to 4.7%.<\/p>\n<h3 class=\"caas-jump-link-heading\" id=\"is-a-4-withdrawal-rate-still-a-good-retirement-rule-of-thumb\"><span class=\"ez-toc-section\" id=\"Is_a_4_withdrawal_rate_still_a_good_retirement_rule_of_thumb\"><\/span>Is a 4% withdrawal rate still a good retirement rule of thumb?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 4% rule is a good starting point, but it may not be perfect for everyone. If you have high healthcare costs, you might need to withdraw more than 4% annually. Your retirement lifestyle also matters: If you plan to travel more in the early years, you may want to withdraw more initially and less later. Ultimately, it\u2019s just that \u2014 a rule. You should adjust it as your needs change year to year.<\/p>\n<p><strong>Related reading:<\/strong> I&#8217;m a financial expert: Here&#8217;s what to consider when downsizing for retirement (and why it might not make sense)<\/p>\n<h2 class=\"caas-jump-link-heading\" id=\"sources\"><span class=\"ez-toc-section\" id=\"Sources\"><\/span>Sources<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h2 class=\"caas-jump-link-heading\" id=\"about-the-writer\"><span class=\"ez-toc-section\" id=\"About_the_writer\"><\/span>About the writer<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Cassidy Horton is a finance writer who specializes in banking, insurance, lending and paying down debt. Her expertise has been featured in NerdWallet, Forbes Advisor, MarketWatch, CNN Underscored, USA Today, Money, The Balance and Consumer Affairs, among other top financial publications. Cassidy first became interested in personal finance after paying off $18,000 in debt in 10 months of graduation with an MBA. Today, she&#8217;s committed to empowering people to stand up and take charge of their financial futures.<\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/www.aol.com\/finance\/4-percent-rule-retirement-135427260.html\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As you approach retirement, one of the most important questions you&#8217;ll need to answer is: How much can I safely withdraw from my retirement savings each year without running out of money? The 4% rule of retirement is a popular guideline that aims to help you answer this question and make your savings last throughout&#8230;<\/p>\n","protected":false},"author":1,"featured_media":628083,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/MqrRFnN6__OOB_yUlkit4w--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-\/https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2022-01\/ddee07b0-7d51-11ec-aef7-194acf19a25b","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-628082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/628082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=628082"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/628082\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/628083"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=628082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=628082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=628082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}