{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/6aee86afa942810f4c4506ed/6af11adc071ec4ae39ed57d5?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Safe on Paper, Shaky in Practice, The Hidden Bend of Four Percent","description":"In 1966, a retiree began drawing four percent a year from savings while the Dow crept toward one thousand. In this episode we look at how much you can safely pull from your savings each year in retirement, and at where the four percent rule really came from. We also look at what the stretches of history that nearly broke it show about that rule. Finally we look at what a sensible retiree can do to keep that yearly check steady.\r\n\r\nThis episode was created with artificial intelligence: AI-assisted script and AI-generated (synthetic) voice.","author_name":"Creators Obomedia"}