Follow this rule of thumb for retirement withdrawals
Wade D. Pfau
Many financial planners advocate the 4-percent rule: Retirees can spend up to 4 percent of their principal annually. The rule is designed to create a safe withdrawal amount in year No.1 of retirement that can be adjusted thereafter for inflation, no matter what happens in the financial markets.
Kidd Stewart, Janet, "Follow this rule of thumb for retirement withdrawals" (2016). In the News. 1015.