t may seem like a fairly safe bet. Withdraw no more than 4 percent from your retirement savings each year, and you’ll have enough to last the rest of your life.
After all, many people’s biggest fear in facing retirement is the possibility of outliving their money. To make sure retirees have enough money, many financial advisors have relied on a rule that a nest egg should hold out as long as they withdraw a maximum of 4 percent annually.