How much can you take from your nest-egg after retirement and have enough for the rest of your life?
The idea so many advisers suggest is that you can eat into a retirement fund to the extent of 4% a year, once you retire. But that is very arbitrary, meaningless and pointless.
The cost of living never remains constant while huge inflationary pressures are on the horizon. Health and other issues are never predictable.
Living conditions and personal needs vary with time and cannot be structured by a set formula. Unforeseen emergencies are bound to affect such percentage estimates and make them impractical. ( See the Earl J Weinreb NewsHole® comments.)
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