4% Rule: ‘Neat, Plausible And Wrong’
January 8, 2024 by Paul R. Samuelson
The persistent—and futile—debate over the 4% rule for retirement income brings to mind the observation of the American social critic H.L. Mencken:
“There is always a well-known solution to every human problem—neat, plausible and wrong,” Mencken wrote in 1920.
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Originally Posted at Financial Advisor on January 8, 2024 by Paul R. Samuelson.
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