William P Bengen is a certified financial planner, who published what has come to be referred to as The Four Percent Drawdown rule for withdrawal rates from retirement savings (also referred to, idiomatically, as 'tapping into the Nest Egg'). Bengen conducted a number of empirical simulations of historical market behavior and concluded that a person could "draw down" upto 4 percent annually from their portfolio without fear of outliving their money. Wikipedia
The definitive Wikipedia entry for William Bengen. Wikipedia is the biggest multilingual free-content encyclopedia on the Internet. en.wikipedia.org/wiki/William_Bengen
William Bengen , CFP, is the president of Bengen Financial Services and is a fee-only personal financial advisor based in El Cajon, CA. He began his career with a family-owned soft drink bottling franchise firm in the New York metropolitan area. After 1 www.moneyshow.com/msc/marketresource/main.asp?q=William%2...
William Bengen , CFP, is the president of Bengen Financial Services and is a fee-only personal financial advisor based in El Cajon, CA. He began his career with a family-owned soft drink bottling franchise firm in the New York metropolitan area. After 1 www.moneyshow.com/msc/marketresource/main.asp?q=William+B...