Tag Archives: safe withdrawal rate

Retirement: Is Consistent Saving More Important Than How Much We Withdraw?

We, and loads of others, have written about the importance of understanding safe or sustainable withdrawal rates when saving for retirement. How much will I be able to take out of my savings each year and not end up eating cat food should I be lucky enough to live to 80? Assumptions about this are key to the retirement calculators you find online, for example. The most commonly cited rule of thumb is 4%.

But what if we’ve all been worrying about the entirely wrong thing? Continue reading