Questions tagged [financial planning]

MountFujiMystic Fri Dec 13 2024 | 7 answers 1604

I am semi-retired and considering withdrawing 4% of my savings annually as income. I want to understand the 4% rule and how it applies to my situation as a semi-retired individual.

alexander_watson_astronaut Thu Dec 05 2024 | 6 answers 1650

I heard about the 4% rule in Charles Schwab and I'm curious to know what it is. Could someone explain this concept to me and how it relates to financial planning or retirement savings?

GyeongjuGlorious Sat Nov 30 2024 | 6 answers 1859

I've heard about a financial strategy called the 4% withdrawal rule, but I'm not sure what it means. Can someone explain this concept to me, including how it works and why it's important for retirement planning?

CryptoElite Tue Oct 29 2024 | 7 answers 1072

The 4% rule for pension is a financial strategy that suggests withdrawing 4% of your retirement savings annually to live on. This rule aims to ensure that your pension fund remains sustainable and does not deplete over time, assuming a certain rate of return on investments.

CryptoLegend Sun Oct 20 2024 | 5 answers 1222

I'm wondering if having 5 million dollars would be sufficient for retirement. I want to know if this amount can provide a comfortable life after retirement.