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Blog

06 Nov THE 47% CONTROVERSY

Half of Americans aren’t paying federal income taxes. Is that right? A provocative statistic. Last July, the nonpartisan Tax Policy Center (a joint venture of the Urban Institute and the Brookings Institution) estimated that 47% of Americans would not owe a penny to the IRS for...

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17 Oct WHY FOUR PERCENT?

Why are retirement plans often created assuming a 4% withdrawal rate? When financial professionals try to estimate just how much money a couple or individual should take out of their savings annually, their model scenarios often assume a 4% annual withdrawal rate. Why is 4% used...

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