William Bengen

William Bengen American Writer

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William Bengen is an American Writer.

William Bengen is a member of the following lists: 1947 births, Massachusetts Institute of Technology alumni and American finance and investment writers.

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Nationality American
Occupation Writer

William P. Bengen is a retired financial adviser who first articulated the 4% withdrawal rate ("Four percent rule") as a rule of thumb for withdrawal rates from retirement savings; it is eponymously known as the "Bengen rule". The rule was later further popularized by the Trinity study (1998), based on the same data and similar analysis. Bengen later called this rate the SAFEMAX rate, for "the maximum 'safe' historical withdrawal rate", and later revised it to 4.5% if tax-free and 4.1% for taxable. In low-inflation economic environments the rate may even be higher.

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