Retirees walloped by high inflation and volatile stock and bond markets are getting some good news: The 4% spending rule—or something close to it—is back.
The traditional advice for retirees who need to make their money last for 30 years is to spend no more than 4% of their savings in the first year of retirement, and in subsequent years raise those withdrawals to keep pace with inflation.
Source: https://www.wsj.com/articles/the-4-rule-for-retirement-spending-makes-a-comeback-11670772621?siteid=yhoof2&yptr=yahoo