Jul 11, 2013
Fox Business- What a roller coaster ride it's been, so much so that Texas Tech Financial Planning professor Michael Finke wrote an article stating that, “the 4% rule is dead.” His new number, 2.8%! Blame it on whatever you like. A 2.8% withdrawal rate! Believe me; this puts a damper on the retirement party like wet towel on a single match. Time to re-visit the budget and see what we can live without.
tags : Texas Tech in the News