The 4% Rule is a US Souvenir – It can quietly bankrupt an Indian retiree
Somewhere, a 64-year-old is doing math. Corpus built. Withdraw 4% a year. Bump it for inflation. Relax. It feels like science. It is actually folklore, and it was written in a country that is not yours. Where the number came from In 1994, an American financial planner named William Bengen tested a simple idea against…
