Is the 4% Rule Folly?
Wade D. Pfau
Somewhere along the line, the shortfall methodology that underlies the 4% rule was anointed the gold standard for judging withdrawal rate strategies. What began as a good-faith exercise to point out the risks from withdrawing too much each year from a retirement portfolio has gained a mythic and potentially unhelpful place among advisors.
Finke, Michael, "Is the 4% Rule Folly?" (2013). In the News. 512.