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The 4% rule is dead. Here's what advisors are using now.

Dynamic withdrawal strategies that adapt to markets and your real spending.

8 min read
The 4% rule is dead. Here's what advisors are using now.

The 4% rule says you can withdraw 4% of your portfolio in year one of retirement, adjust for inflation each year, and never run out over 30 years. It worked beautifully in back-tests of the 20th century — and is showing cracks in modern conditions of low expected returns and longer lifespans.

Guardrails: most modern planners use a guardrails approach. Start at a higher withdrawal rate (say 5%), but cut spending if your portfolio falls below a floor and increase it if it climbs above a ceiling. This dynamic adjustment lets you spend more in good years without blowing up the plan in bad ones.

The bucket strategy: hold 1–2 years of expenses in cash, 5–7 years in bonds, and the rest in equities. Refill the cash bucket from bonds and equities opportunistically. This protects you from selling stocks in a downturn — the single biggest killer of retirement plans.

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