What is the 4 Percent Rule and Why You Should Avoid It
Even if you aren’t basking in your golden years just yet, just the thought of retirement can cause you to wake up in a cold sweat. Approximately two-thirds of Americans (67%) have said the country faces a retirement dilemma. In addition, 56 percent are worried they will not be able to afford a secure retirement. More specifically, some of the most common concerns regarding retirement include; Carrying too much debt. In retirement, more than one-quarter of Americans are concerned about having too much debt.Being able to pay living expenses. Nearly 4 in 10 Americans (39%) are concerned about pay...