How Much Do You Need To Retire? The 4 Percent Rule

How much do you actually need to retire? The 4% rule is the number most people have heard - withdraw about 4% of your portfolio in the first year and adjust it for inflation over a 30-year retirement. Carter Shaffer, CFP(R) breaks down where that rule comes from, what it does and doesn't account for, and why real retirement spending rarely moves in a straight line. It shifts through the go-go, slow-go, and no-go years, with health care costs and inflation reshaping the math along the way. Think it's time to speak with a financial advisor? Book a call with us here: https://calendly.com/d/cwm9-nrk-pg9 📍 Monocacy Wealth Management | Frederick, MD #retirement #4percentrule #retirementplanning #financialplanning #CFP Timestamps: 0:00 - Introduction 1:00 - The 4% Rule 3:20 - Pitfalls of the 4% Rule 4:57 - Realistic budgeting over time 7:20 - Unforeseen circumstances 8:06 - The importance of planning with a financial advisor 9:10 - Conclusion ------ Advisory services are offered through Monocacy Wealth Management, an SEC-registered investment adviser. This content is intended for informational and educational purposes only and should not be considered personalized investment, tax, or legal advice. Viewing this content does not create an advisory relationship. We do not provide tax preparation or legal services. Always consult an investment, tax, or legal professional regarding your specific situation. The strategies, case studies, and examples discussed may not be suitable for everyone. They are hypothetical and for illustrative and educational purposes only. They do not reflect actual client results and are not guarantees of future performance. All investments involve risk, including the potential loss of principal.