In the News

Title

A ‘Safe’ Retirement Savings Rate

Document Type

Article

Publication Date

3-15-2011

Abstract

Some concepts take on a life of their own and grow far bigger than the original idea. William Bengen's paper, "Determining Withdrawal Rates Using Historical Data," from the October 1994 Journal of Financial Planning answered one question, spawned a slew of further research and has even become a rule of thumb--the "4% rule."