28 Oct 2020 | Where is the best place to put your savings?

A "It's never too late to retire early" What is the 4% rule? Image Source: The Motley Fool The 4% rule is a common rule of thumb for retirement planning to help you avoid running out of money in retirement. According to the rule, you can comfortably withdraw 4% of your savings in the first year of retirement and adjust that amount for inflation for every subsequent year without risking running out of money for at least 30 years. This may sound like a good plan in theory. It may even work for some that practice this rule. However, the 4% rule may not be the best approach for determining how much to withdraw from your retirement accounts. There is no one right answer for everyone. This information could make you very successful  Recommended Link: I'll be brief because there's no time to waste.   I'm going LIVE right now to give you a completely unfiltered look at which stocks need to be in your portfolio... and which need to be dropped like a ton of bricks. (clicking will opt you in to Money Morning's free daily e-letter - Privacy Policy)    We're starting NOW, and you don't want to miss a second. Click on the link below to launch my livestream...   BUY THIS, NOT THAT: The Best (And Worst) Stocks in America (clicking will opt you in to Money Morning's free daily e-letter - Privacy Policy)   There's a strong possibility some are even lurking in your portfolio without you knowing.   So during this event... Be prepared to write down the names of the stocks I'm covering. I'm going to list every single ticker. I'm also going to give specific prices people should target. (These are important.) I'll show you dozens of stocks exhibiting peak buying characteristics right now. (clicking will opt you in to Money Morning's free daily e-letter - Privacy Policy Headlines you shouldn't miss Here's how to get up to $9,620 in free retirement money Why you should buy these eight dividend-paying companies Where is the best place to put your savings? What you need to know about these seven types of fixed-income investments What is options trading, and how does it work for you? One billion reasons to buy apple stock It's never too late to start saving,   Gordon Fox     P.S.   Know someone who'd love the Late Investor? Be sure to send them to this link so they can get signed up: investinglate.com   The Late Investor, 20 N. Orange Avenue, 32801, Orlando, United States You can unsubscribe here any time.