The 5 Flaws of Using the 4% Spending Rule in Retirement
September 21, 2022 | By Eric Siss, CFP®
You've put a great deal of effort into saving for retirement, and now you're ready to cash in. But wait, you need to determine how much you can consistently withdraw from your savings. Spending beyond your means can leave you with insufficient funds in your “golden years” and spending too little means you sacrificed doing things that you would have enjoyed.