Faith-Based Financial Guidance with Craig Johnston, MBA • Independent • Fee-Only

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The 4% rule, in plain English

Research suggested that a retiree could take out about 4% of their savings without eroding their principal balance. On $500,000, that's roughly $20,000 in the first year.

It's a starting point. Your own number depends on how your money is invested, what you pay in taxes, and when you claim Social Security.

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