The classic 4% rule for retirement withdrawals was built for a bygone era. Learn why it's less reliable today and how to ...

For as long as most of us can remember, the 4% rule has been something of the gold standard around retirement. In 2026, however, it's beginning to show its age. The rule itself is pretty simple, as ...

The Guardrails Approach is a dynamic and flexible retirement withdrawal strategy that enables retirees to manage their spending and portfolio throughout retirement. By setting specific upper and lower ...

Many experts recommend that people withdraw 4% from their retirement portfolio each year in order to make their retirement savings last. This much touted advice, however, may not hold true for today's ...

Retirees with a pension covering 40% or more of expenses can safely increase portfolio withdrawal rates by 0.5 to 1.0 percentage points above the standard 3.9% baseline, as the guaranteed income floor ...

I spend a lot of time talking to retirees about their spending plans. Many of them proudly tell me that they’re spending far less than the 3%-4% initial withdrawal amounts that are often bandied about ...

If you ask an economist about the ideal model for retirement spending, she’d probably tell you that most people prefer to smooth consumption (that is, spending the same amount) across their lifetimes ...

Morningstar has been publishing an annual report on The State of Retirement Income for several years, with the first edition published in November 2021. Among other things, the report aims to provide ...

Morningstar research suggests that clients retiring in 2026 could start with a withdrawal rate of 3.9% and, adjusting for inflation, continue through a 30-year retirement without running out of money.