Forget the 4% retirement spending rule. How do you feel about 1.9%?

Retirees and near-retirees have known for some time that the famed 4% rule needs to be revised downwards. But by how much?

Would you believe 1.9%? That’s the conclusion of new research that replicates the original research that led to the 4%, but with more realistic assumptions about our life expectancies and a more comprehensive historical data set.

The implications are huge and potentially devastating. Under the 4% rule, a $1 million 401(k) would…

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