Most everyone planning for retirement is familiar with the 4% rule (that you can distribute a static 4% of your portfolio until death without depleting it). David Blanchett's research on what actually happens in retirement gives us an alternative scenario that more closely models real life spending patterns. Guess what?The news is good, especially for you docs who want to retire as soon as you can safely do so. iow, you may be on track to reach FIRE sooner than you realize.
Why David Blanchett's Retirement Spending Research Is a Big Deal
Why David Blanchett's Retirement Spending Research Is a Big Deal
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