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.
sorry for the triple post!