Date: Wednesday, November 14, 2012
Topic: Debunking the 4% Rule
Speaker: Raul Elizalde, President, Path Financial LLC
The 4% rule states that you can safely withdraw 4% of your retirement portfolio and expect that it will last through retirement. William F. Sharpe, a Nobel Prize winner in economics, called it the “most endorsed, publicized and parroted piece of advice that a retiree is likely to hear.” We will explore this rule in depth and see whether it offers good guidance during retirement.