Episode 122: Withdrawal Methods For Retirement Beyond the 4% Rule

The 4% rule is probably the most talked about method when it comes to how to plan to withdraw from your retirement portfolio. However, when it comes to actually withdrawing from your retirement portfolio, there are a lot more options, and nuances. If you're not near retirement, why learn about these different methods now? Using different methods can give you a better idea of how large of a stock/bond portfolio you'll need to last the rest of your lifetime and cover your spending in retirement. It can give you more confidence to know that you will have "enough" during retirement. There are also some people who see the 4% rule is outdated, some say it's too conservative and that you can really plan to withdraw more and others that say there is still the possibility of depleting your portfolio with the 4% rule, especially if your retirement may last longer than 30 years.

In this episode, learn about withdrawal methods including 1/N, Variable Percentage Withdrawal, Dynamic SWR, Endowment Strategy, Guyton-Klinger Guardrails and the 95% rule. 

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Disclaimer: The content provided in the Grow Your Wealthy Mindset Podcast is for informational and entertainment only and should not be considered professional investment, legal, or tax advice. Dr Elisa Chiang is not a certified financial planner, attorney, or accountant.  The views expressed are the personal opinion of Elisa Chiang and her guests and should not be taken as advice specific to you, the listener of the podcast. Personal finance is personal and your personal financial decision need to be made based on your personal financial situation and risk tolerance after having completed your own due diligence.