Will Low Investment Returns Wreck Retirement?
Wade D. Pfau
Baby boomers are facing retirement flush with gains from the longest sustained bull market in American history. According to the traditional 4% rule, they’ll be able to withdraw 4% of their swollen 401(k) balance each year, increase their annual spending to match the rate of inflation, and be reasonably certain that they won't ever run out of money.
Finke, Michael, "Will Low Investment Returns Wreck Retirement?" (2015). In the News. 421.