California Financial Planner Bill Bengen, the author of an influential Old School safe withdrawal rate study (it was Bengen’s study that popularized the infamous “4 percent rule” that has caused millions of middle-class investors to set up wildly irresponsible retirement plans that are now in the process of going bust), was interviewed in the December … Continue reading Bill Bengen: “Buy-and-Hold In These Environments Is an Invitation to Disaster”