4 Reasons the 4.7% Rule Makes So Much Sense to Me

I cannot estimate the number of times I've sat down in my living room with pen and paper, hoping to map out a clear retirement plan. While I now have a solid plan in place, thanks to stopping long enough to gain the wisdom of others, I'm still amazed by how complicated it can all feel. The "what-ifs" often lead to more questions than answers. It's that kind of confusion that led Bill Bengen -- an MIT-trained aerospace engineer turned financial advisor -- to search for the answer to one of his clients' frequently asked questions: "When I get to retirement, how much can I spend?"Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool