The rule comes with a number of caveats, experts tell PBS News. Yet for "most everyday people," the guideline remains useful, said Daryl Fairweather, chief economist at Redfin. Here's what to know ...
Three decades ago, financial adviser Bill Bengen created a retirement principle called the 4% rule. It went viral. Now, the rule is getting an update. The 4% rule says you should plan to spend 4% of ...