Can You Still Trust the 4 Percent Rule? One 70-Year-Old Thinks You Should Not

studioroman Retiring is a major transition, and it is understandable that many people hesitate because they worry their savings will not stretch far enough. That is the situation described in a recent Reddit thread. The original poster (OP) shared that his friend is around 70 and still working because he does not trust the 4 percent rule. The OP wants him to retire, but the friend fears that withdrawing 4 percent per year could leave him short of money in his later years. So should he rely on the 4 perce ...