• Can I Retire Yet? (Part II)

    Welcome back to the Retirement Hangout!  If you haven’t read Part I of Can I Retire Yet?, I recommend that you go back and read that first.  In Part I, you estimated the annual income stream you will need in retirement, and what portion of that needs to come from savings.    But what size retirement savings stash will provide that income – for the rest of your life?   Drawing Income from a Nest Egg — the 4% Rule Perhaps you’ve heard of the 4% Rule.  This is the amount many financial planners suggest you can withdraw from a retirement portfolio and be confident your savings won’t run out.  If…