This near-7% rule looks better for retirees than the 4% rule
The recent bad news from the turmoil in the bond market — which has seen long-term interest rates rising to multidecade highs — is also good news for those nearing or in retirement.
The recent bad news from the turmoil in the bond market — which has seen long-term interest rates rising to multidecade highs — is also good news for those nearing or in retirement.
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Why it matters
This article discusses a retirement withdrawal rule adjustment due to rising long-term interest rates, which is informative but represents routine financial advice rather than a market-moving event.
Sources
MarketWatch
This near-7% rule looks better for retirees than the 4% rule
The recent bad news from the turmoil in the bond market — which has seen long-term interest rates rising to multidecade highs — is also good news for those nearing or in retirement.