Morningstar raises ‘safe’ withdrawal rate recommendation

January 9, 2023 by Steven A. Morelli

Morningstar has raised its recommended retirement withdrawal rate closer to the 4% rule of thumb in an era of low equity valuations and higher bond yields.

In its research, The State of Retirement Income 2022, Morningstar raised its recommended safe withdrawal rate to 3.8%, with annual inflation adjustments, up from 3.3% last year, even in an equity bear market.

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Originally Posted at InsuranceNewsNet on January 4, 2023 by Steven A. Morelli.