For the 2% Club, the Guardrails Approach and the 4% Rule Do Not Work: Here's What Works Instead

(Image credit: Getty Images)

If you're preparing for retirement, or you're already there, you've probably heard the ongoing debate: Should you follow the 4% rule or the guardrails strategy when withdrawing from your investments?

For many retirees, these frameworks offer simple guardrails: Withdraw a steady percentage, adjust as markets move and hope the math works over a few decades.