Way Less Money Needed To Retire (Safe Withdrawal Rule Updated)

Way Less Money Needed To Retire (Safe Withdrawal Rule Updated)

Most of us are familiar with the 4% rule which means you can withdraw 4% of your retirement portfolio each year. But the one who discovered this guideline has updated this number and it’s gone in a different direction than what most people would expect. In this video, we’ll take a look at what the new safe withdrawal rate is as well as some critically important information about the guideline that you need to consider before using it as well as discuss perhaps the biggest factor influencing safe withdrawal rates that most people completely overlook.