Back in the mid-90’s the rule of thumb for retirement planning was the Four Percent Rule. This rule was authored in 1994 by a financial advisor, basically stating that retirees should plan to withdraw about four percent from their retirement funds per year to live on with an inflation adjustment each year. This was projected […]

Today’s Retirement Plans Could Use a Shift from the 4 Percent Rule

retirement plan

Due to the current global pandemic, numerous businesses have been seriously affected and either had to downsize by laying off employees or even close their doors permanently. This is especially true for organizations that were experiencing significant financial issues prior to the pandemic. Unfortunately, Alcoa’s Intalco Works aluminum smelter near Ferndale in Whatcom County is […]

Lost Your Job Or Laid Off? What You Need To Know About Managing Your Retirement Plan