How much of your hard-earned portfolio can you sell each year to finance your retirement — without ever running out of cash?

Three decades ago, financial adviser Bill Bengen created a retirement principle called the 4% rule. It went viral. Now, the ...

The 4% rule is an incredibly common rule used in retirement planning, but not everyone is buying into it. One Reddit poster suggested recently that it may be time to update the long-standing guideline ...

The 4% rule is a popular strategy that involves withdrawing 4% of your portfolio each year to cover living expenses. This strategy applies to retirees and can help you gauge how much money you need to ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Thirty years after financial adviser Willian Bengen advanced the currently popular strategy of withdrawing 4% of retirement savings each year from an equally balanced stock-bond portfolio, indexed ...

As a financial planner in the early 90s, William Bengen sought to identify a safe retirement withdrawal rate for his clients.

The spending rule has been around for 30 years, but experts are rethinking traditional drawdown approaches in light of longevity and economic realities. Since its creation more than three decades ago, ...

Retirees, planners, and advisors alike have all used the 4% rule for decades now. Since its discovery in the 1990s, the 4% rule is very straightforward: You withdraw 4% of your savings in the initial ...

William Bengen established 4% as the initial safe withdrawal rate in retirement more than 30 years ago. But in subsequent ...