actually I have been agreeing with this article for years. My parents scrimped and left us alot of money as do so many. I think the financial institutions want to keeo your boodle and overestimate how little you take out. the 4 to 5 percent a year is stingly when you first retire. and as you age, you spend less. I watched my elderly parents and inlaws spend so little in their 70 and 80’s.
those investment companies and advisors want to have your estate sitting there making money for them.