The 4% Rule is appealing because of its simplicity. If you can live off 4% of your savings you can retire and weather any financial storm. Is the current environment a temporary aberration, in which case the rule still applies; or has the system fundamentally changed and even such conservative strategies are insufficient? Can anyone retire without being a multi-millionaire? If not, then > 95% of the US population can’t retire.
“Money Manager: 4% Rule Is Broken” – USA Today
Pretending Not To Panic 