No one wants to run out of money before they die. That makes it difficult to figure out how much you can take every year from your portfolio and not outlive your money. But there are various rules of thumb to help you gauge a sustainable withdrawal rate. Rules of thumb for sustainable withdrawal ratesOne rule is a “percent of portfolio” withdrawal strategy. A more sustainable withdrawal rate might be 3.3%, according to Morningstar, or between 2.8% and 3.3% according to Vanguard.

Source: CNN October 11, 2022 09:17 UTC