Even more interesting than the 4.5 percent rule of thumb, or even its history, is when the failures for larger withdrawal rates occurred and why. (cnbc.com)
With a sound investment approach, your retirement account should grow substantially over the years, and that will mean large withdrawals when you begin taking the money out. (fairmark.com)
Seniors are now living longer, so high minimum withdrawal rates increase the risk of outliving their nest eggs — particularly when they are forced to make large withdrawals from portfolios after a market crash such as occurred in 2008. (moneysense.ca)