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Retirement Planning Moves Beyond the 4% Rule as Pros Push Flexible Withdrawals

Advisers urge dynamic spending to manage sequence risk in today’s markets.

Overview

  • Investopedia explains that the 4% guideline was a historical heuristic for 30-year horizons and is less dependable now given longer lifespans, lower expected returns, and rising health costs.
  • Suze Orman now recommends starting near a 3% withdrawal rate, saying today’s interest-rate and longevity realities make 4% too aggressive for many retirees.
  • Yahoo Finance highlights sequence-of-returns risk, noting that early bear markets can permanently dent portfolios and make simple 25x targets like $3 million for $10,000 a month misleading.
  • Planners increasingly favor flexible methods such as dynamic withdrawals with guardrails, multi-bucket cash and bond reserves, and income-focused portfolios that prioritize dividends and distributions.
  • Coverage notes that persistent 3% inflation shortens purchasing power and can necessitate lower starting withdrawals—around 3% to 3.5%—and higher savings targets than traditional plans assumed.