The 4 Percent Rule – Revisited
“How much of my nest egg can I withdraw each year without running out of money?”
That’s the age-old question retirees ask themselves and their financial planners. It’s especially important when you consider that one of our biggest retirement fears is running out of money.

The author tells the history of the Freedman’s Savings Bank, how it grew much too quickly, why it failed and the impact on Black America. The Freedman’s Bank offered a safe depository for formerly enslaved people, expanded quickly and gained millions in deposits – mostly ranging from $5 to $50. But inexperience and corruption doomed it to failure, costing may of the small depositors their savings.


