4 min read.Updated: 21 Sep 2022, 10:11 AM ISTNeil Borate
Traditionally, financial planners assume a 4% rate of withdrawal is sustainable.
When people retire at the age of 60, they generally have to plan for 2-3 decades of non-working life. Those who retire earlier have even longer to contend with. This planning is complicated by the fact that expenses increase every year due to inflation.
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