Alas, poor 4% rule. I knew it well. The rule was born in 1994, the creation of financial advisor William Bengen, who studied historical market data back to 1926 and asked a simple question: what withdrawal rate would have survived every 30-year retirement period in stock market history? His answer was 4%. His research was … Read more
“Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it.” — Ferris Bueller, 1986 Ferris Bueller understood something that most retirement planners don’t. In this choice movie, Ferris Bueller’s Day Off, all of the adults thought Ferris was reckless, and irresponsible. But Ferris understood at seventeen … Read more
Your Yellow Brick Road to Retirement The moment you receive your first paycheck you’ve started along that yellow brick road toward the retirement. That was so many years ago for some of us, we may have forgotten this, but retirement represents the destination many of us are trying to get to: living independent of the … Read more
