In the 1990s, the ‘4% rule’ promised to keep people afloat during a 30-year retirement, but now things have changed considerably. Why is the 4% rule less relevant now? What are the alternatives you can use today? On this episode, author and Professor of Retirement Income, Wade Pfau, shares why we should rethink the 4% rule and some other retirement strategies we’ve grown accustomed to. Mentioned In This Episode: Why we need to rethink traditional retirement planning methods Better tools for retirement income Why your investment advisor isn’t happy about this new information
