The 4% Rule And The Search For A Safe Withdrawal Rate
Of the two main schools of thought in retirement income planning, the probability-based school of thought is probably most familiar to the public and financial professionals. Its roots grow from research completed by California-based financial plannerWilliam Bengen, which was first published in theJournal of Financial Planning in 1994.
Pfau, Wade D. PhD, "The 4% Rule And The Search For A Safe Withdrawal Rate" (2016). Faculty Publications. 473.