The 4% rule is a retirement planning concept that dictates that you can safely withdraw 4% of your retirement accounts annually, adjusting for inflation, without risking running out of money. This rule can help you determine how much you need to save for retirement and how much you can safely withdraw each year.
A podcast listener seeks advice on how to plan for retirement with a house payment taking half of their monthly income and having to choose between a monthly or 60-month pension payment plan.
