Financial advisers often talk about the 4 percent rule when discussing how much money you can safely withdraw. But why is that magic number so important?
Watch this video from Video School Online to learn about the so-called “safe withdrawal rate,” and why it is crucial to employ this strategy, particularly if you are in retirement.
For more about building a solid nest egg, check out “Ready to Rescue Your Retirement in 2018? Here’s How.”
Are you comfortable with the amount of money you withdraw from savings and investments? Let us know why or why not in comments below or on Facebook.
Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.