Motley Fool Money

The Father of the 4% Rule Says Retirees Can Withdraw Much More

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Synopsis

William Bengen established 4% as the initial safe withdrawal rate in retirement more than 30 years ago. But in subsequent research, he has concluded that 4% is likely much too low. That research is thoroughly explained in his new book, “A Richer Retirement: Supercharging the 4% Rule to Spend More and Enjoy More.”Bengen joined Motley Fool retirement expert Robert Brokamp to discuss:- how factors such as market valuation and inflation affect the safe withdrawal rate- whether retirees should decrease or increase their allocation to stocks as they get older- Bengen’s suggested withdrawal rate for current retireesHost: Robert BrokampGuest: William BengenEngineer: Adam LandfairDisclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advert