The 4% withdrawal rule is a result of these conservative earnings, so as to avoid running out of money. 4% of most retirement accounts doesn’t allow adequate income for maintaining a lifestyle
to which people are accustomed
A $700K account @ 4% = $28K/year
– 25% tax = $21K
If you took 7% = $49K (net after tax = $36,750)
How does 10% tax-free look? ($70K)
Inside every problem lies an opportunity.” Robert Kiyosaki