Bill Bengen identifies 1968 as worst retirement year for portfolios

5 articles · Updated · Barron's · Apr 26

Bengen, creator of the 4% rule, found that 1968 outperformed 1929 and 2007 as the most challenging retirement year due to a prolonged bear market and high inflation.
He notes parallels between the late 1960s and today, including persistent inflation and potential stagflation risks if the Strait of Hormuz remains blocked.
Bengen advises retirees to focus on asset allocation and consider international yields, emphasizing the importance of planning amid unpredictable markets and geopolitical events.

Is the famous 4% retirement rule now dangerously obsolete?

If stagflation returns, which assets will protect your wealth?

What is the single biggest financial risk in your first decade of retirement?

Are we repeating the worst economic mistakes of the 1970s?

With Social Security facing a 28% benefit cut by 2032, what happens next?

How could a conflict in the Strait of Hormuz derail your retirement plan?