Post by Jean Chatzky

Is the “4% rule” still relevant in today’s retirement landscape? On the next episode of “Your Money Map,” I'll sit down with William Bengen, the original architect of the 4% rule, to discuss his new book, “A Richer Retirement: Supercharging the 4% Rule to Spend More and Enjoy More.” Bengen shares how his thinking has evolved since first introducing the rule and why, now, he believes the number may be too conservative. Joining the conversation is Michael Finke, Alliance for Lifetime Income Research Fellow and Professor of Wealth Management at The American College of Financial Services, who will offer insights on how to balance spending freely with ensuring your nest egg lasts a lifetime.