The 4% Rule was an evolution in thinking about retirement income when it was developed, but today, it is ineffective for several reasons. Learn why the 4% Rule is not ideal, as well as investment strategies that can help maximize your retirement savings!
Forty years ago, on August 13, 1979, after a decade of dismal stock returns and punishing inflation with interest rates soaring, things were looking bleak. So bleak, in fact, Business Week published its famous “Death of Equities” issue. Well, it turns out Business Week blew this call.
In theory, using a bucket strategy for your retirement portfolio might seem like a complete approach to maximizing your retirement funds, but in reality, there’s a huge hole in the bucket strategy that could be draining your retirement savings.
Are you a PAW or a UAW? How can knowing the difference between the two help you better prepare for retirement or any other financial goal? Learn the answers to these questions and how understanding PAW vs. UAW can help your path to financial success!