Suze Orman explains why people have to stop using this old retirement rule as a crutch

Suze Orman warns against the widely accepted 4% rule for retirement fund withdrawals. Originally devised to guide retirees in sustainable spending, the 4% rule suggests withdrawing 4% of retirement savings annually, adjusted for inflation. Orman argues this approach may lead individuals to withdraw funds unnecessarily, jeopardizing their financial security for unforeseen future needs such as long-term care. The article emphasizes the importance of adapting withdrawal strategies to individual circumstances rather than adhering to one-size-fits-all rules like the 4% guideline.

I would not be using the 4% figure on any level.

Maybe you were taking out 4% and 4% even though you didn't need it.

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