Tag: Withdrawals
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Dave Ramsey Says the 4% Rule is Ridiculous and 10% Withdrawals are Possible – New Trader U
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The 4% rule is a well-known guideline for retirement withdrawals. It states that retirees can safely withdraw 4% of their nest egg each year in retirement. However, popular finance personality Dave Ramsey thinks this rule is overly conservative. He believes withdrawal rates of 6% are a better starting point upwards of 10% are reasonable for…