2060: [Part 1] The Four Backstops to the Four Percent Rule by Sean Mullaney
Optimal Finance Daily - Financial Independence and Money Advice
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Social Security - Is Melinda Deferring Social Security?
Many in the financial independence community delay Social Security payments beyond age 62, perhaps all the way to age 70. In theory, under the 4% rule, Melinda's Social Security is play money. She funds her lifestyle with withdrawals from her financial assets and now she's getting additional Social Security payments. If Melinda defers Social Security until age 70 and receives $2,500 per month at age 70 from Social Security, her 4% assets now don't need to generate the full 4% once she turned 70.
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