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Once upon a time, in southern California in 1994, there lived a man named William Bengen.⠀ His friends called him Bill. Bill was a Brooklyn kid who studied aeronautics at MIT. He wrote a breakthrough paper on advanced model rocketry. He spent 17 years as an executive at a soft drink company. Eventually, he “retired” […]
I had the pleasure of speaking with Bill Bengen, creator of the “4% Rule” for retirement planning. Bill has been a reader of Financial Samurai for many years and has always been courteous in the comments section when I write about safe withdrawal rates. So, I figured it was time we had a chat to […]