In 1994, the 4% rule (which said you could spend 4% of your nest egg annually and have an enjoyable retirement) was established.  That was 25 years ago, and 25 x 4= 100% of a nest egg being gone by now if that rule were followed. This week, Rick and Granger talk why rules of thumb are a good starting point ina  plan, but shouldn't be the entirety of it.

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