Withdrawal Rules Now, you should have a withdrawal rate that is higher than 4%, so you could retire sooner (because a higher withdrawal rate means you’ll need to save up less money to cover your annual expenses)! There’s no free lunch though (you can’t just withdraw more every year...
with the actual dollar amounts withdrawn adjusted down-ward or upward relative to the plan. The investor needs to keep in mind that selection of a withdrawal rate is not a matter of contract but rather a matter of planning