--- title: "ThinkAdvisor: Covisum's Advisor and Quant Discuss the 4% Rule" description: "\"Advisor\" Joe Elsasser and \"Quant\" Ron Piccinini discuss the origins of the 4% rule and whether it remains useful." image: https://www.covisum.com/hubfs/think-advisor-logo-blog.jpg --- [Login](https://www.covisum.com/login-experience) | [Call: 402-235-4500](tel:1-402-235-4500) | [Contact Us](https://www.covisum.com/contact) ** [![covisum-logo](https://www.covisum.com/hs-fs/hubfs/covisum-logo.png?width=264&height=41&name=covisum-logo.png "covisum-logo")](https://www.covisum.com/) [![Start Your Free Trial](https://no-cache.hubspot.com/cta/default/2755909/b23743cd-d0df-4907-a66d-293b58ab1164.png)](https://cta-redirect.hubspot.com/cta/redirect/2755909/b23743cd-d0df-4907-a66d-293b58ab1164) [![Contact Us](https://no-cache.hubspot.com/cta/default/2755909/6c6d7fe7-e094-4fc0-9c82-d93d4ccbb532.png)](https://cta-redirect.hubspot.com/cta/redirect/2755909/6c6d7fe7-e094-4fc0-9c82-d93d4ccbb532) # ThinkAdvisor: Covisum's Advisor and Quant Discuss the 4% Rule [IN THE NEWS  |  ](https://www.covisum.com/blog/topic/in-the-news)7/5/18 9:23 AM  |  by [Lauren Laferla, Director of Communications](https://www.covisum.com/blog/author/lauren-laferla-pr-content-marketing-manager) ![Think-Advisor-Logo-Color](https://www.covisum.com/hs-fs/hubfs/Logos/Think-Advisor-Logo-Color.png?width=600&name=Think-Advisor-Logo-Color.png) In an ongoing series exclusive to ThinkAdvisor, [Joe Elsasser, CFP](https://www.covisum.com/our-team/)[®](https://www.covisum.com/our-team/) and [Ron Piccinini, PhD ](https://www.covisum.com/our-team/)provide readers with two distinct perspectives on the same topic. This week, we asked Joe and Ron to discuss, [the 4% rule](https://www.thinkadvisor.com/2018/07/03/the-advisor-the-quant-is-the-4-rule-dead/).  Joe's response included: > "Although the 4% rule has come to be relied on by many in the financial services world, we need to remember that it was an iteration of prior thought based on better assumptions. New research is challenging those assumptions and coming to even more conservative results."   And Ron's response included: > "In the age of computers, professional advisors will use financial planning software to find the proper withdrawal strategies, take into account the suitable variables, and stress test the plan. Eventually, it will be the case that 4% will be the proper Safemax for a client, but that will be the exception, not the rule."   Read the full response from both Joe and Ron in *[ThinkAdvisor](https://www.thinkadvisor.com/2018/07/03/the-advisor-the-quant-is-the-4-rule-dead/)*.  [![Subscribe to our blog](https://no-cache.hubspot.com/cta/default/2755909/8b194d2c-70bd-4e2a-9c4a-de03cf62f161.png)](https://cta-redirect.hubspot.com/cta/redirect/2755909/8b194d2c-70bd-4e2a-9c4a-de03cf62f161) ### Share this article [![Share on Facebook](https://static.hubspot.com/final/img/common/icons/social/facebook-24x24.png)](http://www.facebook.com/share.php?u=https%3A%2F%2Fwww.covisum.com%2Fblog%2Fthinkadvisor-covisums-advisor-and-quant-discuss-the-4-rule%3Futm_medium%3Dsocial%26utm_source%3Dfacebook) [![Share on LinkedIn](https://static.hubspot.com/final/img/common/icons/social/linkedin-24x24.png)](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.covisum.com%2Fblog%2Fthinkadvisor-covisums-advisor-and-quant-discuss-the-4-rule%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [![Share on Twitter](https://static.hubspot.com/final/img/common/icons/social/twitter-24x24.png)](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Fwww.covisum.com%2Fblog%2Fthinkadvisor-covisums-advisor-and-quant-discuss-the-4-rule%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fwww.covisum.com%2Fblog%2Fthinkadvisor-covisums-advisor-and-quant-discuss-the-4-rule%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=ThinkAdvisor%3A%20Covisum%27s%20Advisor%20and%20Quant%20Discuss%20the%204%25%20Rule) ## Related Blog Articles [ ### In The News ThinkAdvisor: Covisum's advisor and quant discuss the benefits and risks of ESG investing Read ](https://www.covisum.com/blog/thinkadvisor-covisums-advisor-and-quant-discuss-the-benefits-and-risks-of-esg-investing) [ ### In The News ThinkAdvisor: Covisum's advisor and quant discuss how to plan for health care costs in retirement Read ](https://www.covisum.com/blog/thinkadvisor-covisums-advisor-and-quant-discuss-how-to-plan-for-health-care-costs-in-retirement) [ ### In The News ThinkAdvisor: Covisum's advisor and quant discuss cryptocurrencies and financial planning Read ](https://www.covisum.com/blog/what-role-will-cryptocurrencies-play-in-financial-planning) [See All Articles](https://www.covisum.com/blog) ## Covisum’s ecosystem of solutions can help you grow. 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