Throughout the course of the article, I broke down the issues with the 4% retirement rule.
Some other resources here which demonstrate the 4% rule doesn’t work for most people:
3 Serious Problems With the 4% Retirement Rule | The Motley Fool
We're all told to save as much money as possible for retirement, but how much is really enough? For years, experts have…
The Stunning Problem With The 4% Retirement Income Rule In One Chart
Many investors rely on the "4% retirement rule", but it has a serious problem. If you are nearing retirement, you need…
3 serious problems with the 4% retirement rule
For years, experts have relied on the 4% rule to help determine how much savings is truly adequate. The rule states…
More Retirement Myths Debunked: Why 'the 4% Rule' Is Outdated
Many pre-retirees anticipate retirement as an opportune time for kicking back and enjoying things they couldn't do…
The main issue is that withdrawing too much is detrimental to your nest egg, and the only logical fix is to decrease the amount that you withdraw, agreed? With this in mind, a couple of these resources recommend 3%, and I recommend a lower withdrawal rate as well.
Thanks for your response, please let me know if you have any further questions, I’d be happy to discuss!