Probability and the 4% rule: How to ensure your clients retire 'safely'

For clients in retirement, developing a sensible and sustainable withdrawal strategy is at least as important as developing a sensible investment strategy. Unless a client annuitises all or most of their retirement pot, they need to have a robust framework in place to guide their withdrawal decisions or risk running out of money.   The 4% rule Across the Atlantic, where retirees have had virtually unrestricted access to their retirement fund for several years, there is an extensive body of research aimed at helping financial planners and clients implement a sustainable withdrawal...