FA Center: The 4% rule for retirement spending is now the 4.7% rule

by | Oct 20, 2023 | Stock Market

“ ‘Protect your nest egg; don’t let it get smashed by a bear market early in retirement.’”

— Financial adviser Bill Bengen

In some areas of life, working backwards or reverse engineering the answer you’re looking for can help. Retirement savings might be one of those areas. Here’s how to reverse engineer how much you’ll need to have for retirement and how …

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