Has The 4% Withdrawal Rule Become Obsolete?
Wade D. Pfau
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.
Jamieson, Dan, "Has The 4% Withdrawal Rule Become Obsolete?" (2016). In the News. 1345.