Doug Wolff, President of Security Benefit Life, was featured in a podcast by Advisor Perspectives focusing on some new thoughts around how to achieve something similar to the old 4% rule using FIAs.
With COVID-19 variants keeping retirement-ready consumers wondering what’s next for potential market volatility, many are reevaluating a once common rule of thumb for retirement: the 4% rule. It held up well for many retirees in the past, but most fixed income financial products like bonds no longer yield anything close to the 4% that would be required to support withdrawals. With rates actually hovering around 0%, what is a viable strategy today?
Listen to the podcast from Advisor Perspectives.