Don't Cheat Yourself With the 4% Rule! 2021

This webinar explains the downfalls of using simple rules of thumb to plan for retirement. For example, the 4% rule says you can safely withdraw 4% of your portfolio each year, increase that withdrawal with inflation, and expect to have your income last for life. Do such rules work? They're useful when you're age 40 and planning for retirement 20 to 30 years away. But as you get closer to retirement, these rules can work against you. This class will show you what to watch out for, and provide four practical tips on how to account for taxes, inflation, market returns, and Social Security when you lay out your retirement income plan.