Brian Fricke, CFP®, Senior Vice President, and Financial Advisor at Wealth Enhancement Group was featured by U.S. News & World Report in, “How Much Should You Invest in Retirement? Use the 4% Rule.”
“The problem with the 4% rule is it is designed to survive even the worst-case situations, which is only sometimes the case in most circumstances,” Fricke says. “Retirees following the so-called 4% rule tend to underspend in retirement. That may be causing them to make unnecessary lifestyle sacrifices that, in hindsight, wouldn't have been necessary.”
Access the full article authored by Brian O’Connell here.
