William Bengen

Beyond the 4% Rule: The Science of Retirement Portfolios That Last a Lifetime

by Abraham Okusanya  · 5 Mar 2018  · 130pp  · 32,279 words

empirical foundation for the probability-based school is the seminal paper published in the Journal of Financial Planning in 19945 by engineer-turned-financial planner, William Bengen. A key aspect of Bengen’s work is the idea of optimal asset allocation for a retirement portfolio. This draws on the Modern Portfolio Theory

…

by Kitces) is more appropriate if the portfolio value exceeds 150% of the original value. Floor and ceiling strategy This method was put forward by William Bengen in a 2001 article in the Journal of Financial Planning26. The strategy allows a retiree to withdraw a percentage of their outstanding portfolio each year

Just Keep Buying: Proven Ways to Save Money and Build Your Wealth

by Nick Maggiulli  · 15 May 2022  · 287pp  · 62,824 words

are some simple rules you can use to determine when you can retire. One of the simplest is called The 4% Rule. The 4% Rule William Bengen was trying to figure out how much money retirees could withdraw from their portfolios each year without running out of money. In 1994 he published

Retire Before Mom and Dad

by Rob Berger  · 10 Aug 2019  · 239pp  · 60,065 words

’s so special about having 25x our annual expenses? The answer has to do with what’s called the 4% rule. Developed by financial planner William Bengen in the early 1990s, the 4% rule is a guideline on how much of our Freedom Fund we can spend each year without running out

…

spending. To put it bluntly, the 4% Rule gives us a reasonable chance of dying before our money runs out. As noted earlier, financial planner William Bengen first wrote about the 4% rule in 1994.15 Then three professors at Trinity University conducted what has become known as the Trinity Study.16

Reset: How to Restart Your Life and Get F.U. Money: The Unconventional Early Retirement Plan for Midlife Careerists Who Want to Be Happy

by David Sawyer  · 17 Aug 2018  · 572pp  · 94,002 words

run out. Kitces, a recognised world expert who speaks at between 50 and 70 conferences a year on this topic, draws on the work of William Bengen, the person credited with inventing the 4% safe withdrawal rate, after publishing his landmark 1994 paper “Determining Withdrawal Rates Using Historical Data[324]”. He also

Early Retirement Guide: 40 is the new 65

by Manish Thakur  · 20 Dec 2015

high as 5% as interest rates fluctuate. There has been quite a lot of analysis and debate covering this rule since it was formalized by William Bengen, and popularized by the Trinity Study in 1998. There are plenty of discussions and technical simulations that go into more detail online, but the main