Is YOUR Retirement SAFE? | How Safe Is The 4% Rule? | Testing Safe Withdrawal Rates

START INVESTING FOR FREE: 📈 M1 Finance - https://m1finance.8bxp97.net/NextLeve... Audible Free Trial (Includes 2 FREE Audiobooks) - https://amzn.to/2zEFqhT So on one of my recent videos, I got a comment asking how long you would last historically with various withdrawal rates such as a 5% or 6% safe withdrawal rate as opposed to the usual 3% or 4% that I talk about in these videos. Because while I'm sure that some of you are hoping to or already have retired early not everyone is going to go that route. So if you have a more normal retirement say 20 to 30 years would you actually be able to withdraw more than 4% safely in retirement? And in addition to that, given that the market has, from what we've been told by the media, been doing worse since the turn of the millennium than it ever has in its entire history is the 4% rule which was based on a study done before the turn of the millennium still safe to use as a general rule of thumb? Those are some of the questions we’re going to be hopefully answering today because in today's video we're going to be talking about safe withdrawal rates and figuring out are they actually that safe? If you enjoyed this video and would like to see more I highly encourage you to check out some of the playlists below and subscribe for weekly videos: Subscribe for weekly finance videos:    / @nextlevellife   All of my Personal Finance videos: https://goo.gl/3qMbXW All of my Financial Independence & (Early) Retirement Videos: https://goo.gl/R5JU8E All of my Stock Market & Investing Videos: https://goo.gl/swSUQN All of my Debt-Related Videos: https://goo.gl/9HkrtF All of my Budgeting Videos: https://goo.gl/D3iiSn All of my Side Hustles/How to Make More Money Videos: https://goo.gl/oQui48 All of my Book Summaries: goo.gl/xmWeaD SUPPORT THIS CHANNEL: Audible Free Trial (Includes 2 FREE Audiobooks) - https://amzn.to/2zEFqhT Bluehost (Web Hosting) - https://www.bluehost.com/track/nextle... ConvertKit (Email Marketing) - https://mbsy.co/convertkit/42219440 TubeBuddy (Online Tool I Use to Grow My YouTube Channel) - https://www.tubebuddy.com/NextLevelLife RECOMMENDED BOOKS: The Total Money Makeover - https://amzn.to/2DaB3Ox Rich Dad, Poor Dad - https://amzn.to/2SoMI0t The Millionaire Next Door - https://amzn.to/2CJpWuS The Index Card (Why Personal Finance Doesn't Have to Be Complicated) - https://amzn.to/2Q5Jz4h Retire Inspired - https://amzn.to/2D7L12Z Early Retirement Extreme - https://amzn.to/2yGKf9g Your Money or Your Life - https://amzn.to/2Q1Ryzd The Automatic Millionaire - https://amzn.to/2D9WfEk The Behavior Gap - https://amzn.to/2CLdWJm The Intelligent Investor - https://amzn.to/2PZtz3u #FinancialIndependence #Retirement #EarlyRetirement Disclaimers: All opinions are my own, sponsors are acknowledged. Links in the description are typically affiliate links that let you help support the channel at no extra cost to you.