We have all heard the phrase “Catch 22”, correct? Thanks to Joseph Hellers classic book “Catch 22”, the term has made its way into the English vernacular. It even has its own Wikipedia page! http://en.wikipedia.org/wiki/Catch_22
In the retirement realm, there exists a similar “Catch 22” in regards to savings, bonds, and the 4% rule.
Please watch this great video below and get educated on why the 4% rule is currently broken, and how to best go about fixing it.
Watch “Retirement Catch 22” on Youtube