The 4% rule gets talked about like gospel in retirement planning. But let’s be honest, it’s always been more of a rough guess than a golden rule. Now, its original creator is revising it to 4.7%. So, does that mean your retirement paycheck just got a raise, or is this just another headline that oversimplifies a complex decision? In this episode, Lee explores the deeper reality behind this rule change and why your withdrawal rate should depend on more than just a headline number.
While a higher number might feel like a green light to spend more, Lee emphasizes that real retirement planning requires a personalized approach, not just a rule of thumb. From sequence-of-returns risk to changing needs over time, this conversation helps unpack why no single rule fits everyone.
Here’s what we discuss in today’s show:
📢 What the new 4.7% rule actually means
🧩 How your spending needs shift across retirement phases
💬 What to consider before adjusting your retirement income
🛠️ How Lee’s team stress-tests your plan for long-term success
Resources for this episode:
Read the full Investor’s Business Daily article here: https://www.investors.com/etfs-and-funds/retirement/four-percent-rule-for-retirement-new-withdrawal-rate/
Want to set up a meeting with us? Visit us here: http://talkwithjp.com
Get more financial education at http://myretirementclarity.com
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