In the News

Title

Has The 4% Withdrawal Rule Become Obsolete?

Document Type

Article

Publication Date

5-6-2016

Abstract

Low interest rates and fully valued stocks may force advisors to throw the 4 percent safe-withdrawal rule out the window.

Ten-year Treasury bond rates have been under 2 percent only one time before, in 1941, while the 10-year cyclically adjusted P/E ratio for stocks is at the same level it was in 1929.