Probability and the 4% rule: How to ensure your clients retire 'safely'
Wade D. Pfau
For clients in retirement, developing a sensible and sustainable withdrawal strategy is at least as important as developing a sensible investment strategy.
Unless a client annuitises all or most of their retirement pot, they need to have a robust framework in place to guide their withdrawal decisions or risk running out of money
Okusanya, Abraham, "Probability and the 4% rule: How to ensure your clients retire 'safely'" (2015). In the News. 440.