In the world of retirement planning, what is the term for the strategy of withdrawing 4% of your retirement savings in the first year of retirement and then adjusting that amount for inflation each subsequent year?

Transitioning into retirement can be daunting, especially as regular paychecks end and market volatility puts savings at risk.

To ease these concerns, many are turning to the “me-first” or “flooring” rule, a strategy that uses guaranteed income like Social Security or pensions to cover essential monthly costs.

Experts such as Nick Nefouse of BlackRock and Nancy Gates from Boldin stress that this method prioritizes necessities—housing, healthcare, food, and transportation—offering peace of mind despite market swings.

Options like annuities and bond ladders can supplement income, but Steve Parrish of The American College warns about fees and lack of inflation protection.

Careful assessment of expenses and professional advice are key.

By covering vital needs first with secure income streams, retirees can enjoy stability and reduce financial stress as they embrace life after work.

The article provides a list of top attractions and activities to do in Oceanside, Long Island, New York.

Visitors can enjoy scenic beaches, water activities like paddleboarding and fishing, explore historical sites like the Oceanside Marine Nature Study Area, and dine at various restaurants offering a variety of cuisines.

Additionally, there are family-friendly attractions like amusement parks and playgrounds, as well as shopping opportunities at local boutiques and markets.

The article highlights the diverse range of activities available in Oceanside for tourists to enjoy.

Million Dollar Chicken

The article provides a list of easy dinner recipes curated by Southern Living editors.

The recipes include a variety of dishes such as pasta, chicken, beef, and shrimp, offering delicious and simple options for weeknight meals.

Each recipe is designed for easy and quick preparation, making it perfect for busy weekdays.

The ingredients are easily accessible and the instructions are clear, ensuring a stress-free cooking experience.

These recipes are perfect for anyone looking to whip up a tasty meal without spending hours in the kitchen.

The article provides tips for making the most of the Medicare Open Enrollment period in 2026.

It emphasizes the importance of reviewing and comparing coverage options, understanding changes in plans and costs, and taking advantage of available resources for assistance.

By staying informed and proactive during this enrollment period, individuals can ensure they are selecting the best Medicare plan to meet their healthcare needs and financial goals.

The term for this strategy is known as the "4% rule."