For nearly 30 years, we've been referring to the guideline that taking 4% from your portfolio may be the most optimal amount to keep you from running out of money over an average retirement.

Is this so-called "4% Rule" still valid in a time of high stock values and low interest rates?  Or should it be revised higher -- or lower? -- to reflect more realistic scenarios?  Chris Panagiotu,  CFP® asked the creator of that rule, Bill Bengen, what his thoughts are on that rule, as well as what he thinks economic recessions and market recovery times will do to people's retirement portfolios, in this week's episode of CAPitalize: A Podcast for Intelligent Investors!