i want this paper to summarize in half of page and give an opinion in other half of page.the last assigment was done in the way by your expert and his name (Matthew Griswold) Document Preview: See a sample reprint in PDF format. Order a reprint of this article now FUNDS MONTHLY MARCH Updated March 1, 2013, 5:23 p.m. ET Journal Report Insights from The Experts Read more at WSJ.com/WealthReport More in Investing in Funds & ETFs Are Expensive Fund Managers Worth It? Note to Self: Remember the Lessons of 2008 Online Resources for ETF Investors Equal-Weight Indexing Works?Sometimes Podcast: Reassessing Your Retirement Vote If you plan to retire in five years or less it may be Related Video By KELLY GREENE Can your nest egg last your whole lifetime? Its getting tougher to tell. Conventional wisdom says you can take 4% from your savings the first year of retirement, and then that amount plus more to account for inflation each year, without running out of money for at least three decades. This so-called 4% rule was devised in the 1990s by California financial planner William Bengen and later refined by other retirement-planning academics. Mr. Bengen analyzed historical returns of stocks and bonds and found that portfolios with 60% of their holdings in large-company stocks and 40% in intermediate-term U.S. bonds could sustain withdrawal rates starting at 4.15%, and adjusted each year for inflation, for every 30-year span going back to 1926-55. Well, it was beautiful while it lasted. In recent years, the 4% rule has been thrown into doubt, thanks to an unexpected hazard: the risk of a prolonged market rout the first two, or even three, years of your retirement. In other words, timing is everything. If your nest egg loses 25% of its value just as you start using it, the 4% may no longer hold, and the danger of running out of money increases. If you had retired Jan. 1, 2000, with an initial 4% withdrawal rate and a portfolio of 55% stocks and 45% bonds rebalanced each month, with the first years withdrawal amount increased by 3% a year for inflation, your portfolio would have fallen by a third Dow Jones Reprints: This copy is for your personal, non-commercial use Attachments: Article5-Say-.pdf Article4-Stor.pdf