Can the 4% RULE help you achieve early retirement?
Most people would retire early if they were given the opportunity to do so, however, the latest statistics by the National Treasury indicate that only 10% of South Africans are able to retire without financial assistance. For many who chase early retirement, financial advisors have advocated applying the '4% rule' to ensure that investors have enough to fund their retirement. However, while this rule may help some retirees, there are a multitude of other factors that need to be taken into consideration to ensure a successful early retirement.