As individuals approach retirement, one of the most critical financial considerations is how to manage withdrawals from their retirement savings. The 4% Rule, pioneered by financial planner William Bengen in the early 1990s, has become a widely adopted strategy for retirees to strike a balance between enjoying their golden years and ensuring their savings last throughout retirement. In this comprehensive guide, we’ll delve into the nuances of the 4% Rule, examining its origins, underlying principles, criticisms, and practical applications. I. Understanding the 4% Rule: A. Origins and Development: B. Core Principles: II. Criticisms and Considerations: A. Market Conditions: B. Longevity…