Is the 4% rule folly?

Angela Ashton | PortfolioConstruction Forum | 30 July 2013

"Is the 4% rule folly?" by Michael Finke, Research Magazine, 29 April 2013

Michael Finke is one of the world's leading retirement researchers. A Professor of Personal Financial Planning (yes, there is such a thing) at Texas Tech University, he has written many papers on a variety of financial planning and retirement topics - including co-authoring another paper we reviewed recently, "Asset valuations and safe portfolio withdrawal rates”. One of the main conclusions of that...