meta_pixel
Tapesearch Logo
Log in
BiggerPockets Money Podcast

4% Rule Creator Bill Bengen Reveals His NEW 5% Retirement Strategy

BiggerPockets Money Podcast

BiggerPockets

Investing, Education, Business

4.62.9K Ratings

🗓️ 6 June 2025

⏱️ 49 minutes

🧾️ Download transcript

Summary

The 4% rule just got a major update! Bill Bengen, the creator of the famous 4% withdrawal rule, returns to share his latest research that's changing retirement planning forever. Welcome back to the BiggerPockets Money podcast! Discover why he's now recommending a 4.7% withdrawal rate and what this means for YOUR retirement strategy. In this episode, you'll learn: Why Bill Bengen updated his iconic 4% rule after decades of research The psychology behind why retirees struggle to actually spend their money How market conditions should influence your withdrawal strategy The role real estate plays in a well-diversified retirement portfolio Active vs. passive management strategies for retirees How younger retirees should approach their investment timeline differently Why protecting your principal matters more than maximizing returns The importance of controlling expenses and finding purpose beyond money And SO Much More! Whether you're planning for retirement or already retired, this conversation will reshape how you think about withdrawal rates, portfolio management, and creating a sustainable financial future. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

You have followed the 4% rule for years. You've stayed diligently and you've dreamed about that early

0:05.6

retirement. But what if everything you knew about the fire movement just changed? Today, we're

0:12.1

joined by Bill Bangan, the Bill Bangan, the original 4% rule study author. And we are going to be

0:19.6

talking about the 5% rule. So what does this mean for your

0:23.9

retirement date, your withdrawal strategy, or your entire financial future? That's what we'll be

0:29.9

discussing today. Hello, hello, hello, and welcome to the Bigger Pockets Money podcast.

0:39.2

My name is Mindy Jensen.

0:40.6

And with me as always is my 4% rule enthusiast co-host, Scott Trench.

0:44.9

Thanks, Mindy.

0:45.4

Great to be here.

0:46.0

And I couldn't be more excited to withdraw some really intense knowledge from

0:50.3

Amanda Met the Legend himself, Bill Bingen.

0:53.6

Bigger Pockets has the goal of creating 1 million millionaires.

0:56.2

You're in the right place if you want to get your financial house in order because we truly believe financial freedom is attainable for everyone, no matter when or where you're starting.

1:02.9

And it might be a little sooner than you think.

1:04.9

We are so excited to be once again joined by Bill Bangen today to talk about the 5% rule and his new book that will be released

1:11.4

in August, A Richer Retirement, Supercharging the 4% Rule to spend more and enjoy more. Bill, welcome back

1:18.3

to the Bigger Pockets Money podcast. Pleasure to be back here again. Thanks for having me.

1:22.6

I'm so excited to talk to you, Bill. Huge fan, huge fan of your work, love your original study, and

1:29.8

cannot wait to read this new book. As a refresher for our audience who may not know, when did

1:36.4

you create the 4% rule and why? I wrote an article for the Journal of Financial Planning back in

1:41.8

October, which was the first work I'd done on

...

Transcript will be available on the free plan in 3 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.