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I Waited Until 75 to Retire With $1.4 Million—Do I Have to Follow the 4% Rule?

I Waited Until 75 to Retire With $1.4 Million—Do I Have to Follow the 4% Rule?

By Tribune News Service
0 Min Read

Older retirees can often spend more—but need a smart plan.

I Waited Until 75 to Retire With $1.4 Million—Do I Have to Follow the 4% Rule?

In retirement, everyone should have a withdrawal strategy that’s more personalized. Dreamstime/TCA

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By Maurie Backman From Kiplinger’s Personal Finance

Some people opt to retire at age 62 because that’s the earliest age to claim Social Security. Others like to wait until 65 because that’s when Medicare coverage begins.

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