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What is the 4 percent rule?

Understand where the 4% rule comes from and how to use it responsibly.

The 4% rule is one of the most recognizable retirement planning shortcuts because it turns spending into a portfolio target quickly.

1

Guide section

How it works

In simplified terms, the rule suggests withdrawing 4% of your starting portfolio in year one and then adjusting that dollar amount for inflation over time.

That makes it a useful bridge between annual spending and a rough retirement number.

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Guide section

Why it is not a guarantee

The original research was not a promise for every market environment or every retirement length.

Valuations, fees, taxes, spending flexibility, and sequence risk all affect what is actually sustainable.

Bottom line

Where this guide should leave you

The 4% rule is a valuable starting point. It becomes more useful when paired with scenario testing and a more detailed withdrawal model.

Related calculators

Model this idea with your own numbers.

Withdrawals1 min

4 Percent Rule

Translate annual spending into a target portfolio using the classic 4% rule framework.

Portfolio target

$2,000,000

Withdrawals3 min

Withdrawal Strategy

Stress test whether your portfolio may sustain retirement withdrawals over time.

Ending balance

$2,838,098

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