The Creator of the 4% Withdrawal Rule – Interview with Bill Bengen-Season 1: Episode 14
For nearly 30 years, we’ve been referring to the guideline that taking 4% from your portfolio may be the most optimal amount to keep you from running out of money over an average retirement.
Is this so-called “4% Rule” still valid in a time of high stock values and low interest rates? Or should it be revised higher — or lower? — to reflect more realistic scenarios? Chris Panagiotu, CFP®, CRPS® asked the creator of that rule, Bill Bengen, what his thoughts are on that rule, as well as what he thinks economic recessions and market recovery times will do to people’s retirement portfolios, in this week’s episode of CAPitalize: A Podcast for Intelligent Investors!
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No client or prospective client should assume that the presentation (or any component thereof) serves as the receipt of, or a substitute for, personalized advice from Lucia Capital Group or from any other investment professional.
Christopher Panagiotu is a registered representative with, and securities and advisory services offered through LPL Financial, a registered investment advisor and member FINRA/SIPC. The investment professionals are affiliated with LPL Financial and are conducting business using the name Lucia Capital Group, a separate entity from LPL Financial. Bill Bengen is not affiliated with Lucia Capital Group nor LPL Financial.