BlackRock: Another Rule of Thumb: Debunking the 80% Income Replacement Rule
August 21, 2014 at 07:00 AM EDT
I’ve taken a look at several retirement rules of thumb on The Blog, including the 3% rule, the 4% drawdown, and the bond-to-equity allocation ratio, and found that they may not necessarily be good ideas. Today I’m going to take a look at the 80% rule, which suggests that pre-retirees create a...
