It's one of the most common questions we hear from people approaching retirement. And it's one of the hardest to answer. Not because the math is complicated, but because the old rules of thumb that most people rely on were never designed for real life. The 4% rule. Monte Carlo probabilities. A single "success rate" number. These tools can be useful. But on their own, they often leave retirees with more anxiety, not less. Here's why, and what a better approach looks like. The Problem With the...