8 Articles
8 Articles
Don’t Fear the Reaper. Running Out of Money in Retirement May Be Scarier
Death and taxes — maybe it’s the certainty of those that make them less worrisome than something people have more control over: Running out of money in retirement. Almost two-thirds of people cited exhausting their financial resources as a bigger worry than dying, according to a report Tuesday from Allianz Life. The rates were higher among Gen Xers (70%) and millennials (66%) than baby boomers (61%), according to results of the survey of 1,000 p…
For Americans, Death Isn't as Scary as This
A new poll, coming in the wake of pricey tariffs and inflation concerns, finds two-thirds of Americans are more afraid of going broke in retirement than they are of death. Life insurance company Allianz Life surveyed 1,000 US adults 25 and older with annual incomes of $50,000-plus and...
The Truth About the 4% Rule – Why It’s Not a Guarantee for Never Running Out of Money
If you live in the FIRE (financial independence, retire early) world, the 4% rule is one of the crown jewels of this movement. Known as the “Safe Withdrawal Rate,” it hopefully allows you to live comfortably on this withdrawal amount during retirement. Key Points The 4% rule has long been the north star for the FIRE community. There is a reality today where the 4% rule needs to be increased to account for rising inflation. The financial adv…
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