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Tuesday, 2 September 2025

The 4% rule becomes the 4.7% rule

08:12

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Also: Fewer diners at the drive-thru ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Tue Sep 2 2025

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

Three decades ago, financial adviser Bill Bengen created a retirement principle called the 4% rule. It went viral. 

Now, the rule is getting an update. We asked Bengen himself to explain.

Fewer Americans stopping for fast food

Fast-food restaurants, once the first stop for Americans looking to grab a meal before a long work day, are fighting to win back customers.

Breakfast sales across the fast-food sector have seen declines. Here are the reasons.

'Trump Accounts' are free money. Here's how to claim it.

Every child born between 2025 and 2028 is getting a baby shower gift from Congress and the president: a $1,000 deposit into a "Trump Account." 

It's free money, but your baby can't spend it. Think of "Trump Accounts" as seed money, basically, to encourage children and families to save and build wealth for the many expenses of adulthood.  Here's how they work.

📰 More stories you shouldn't miss 📰

At Home is closing 29 underperforming stores
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Costco extends hours for 'executive members'
5 standout SUVs recommended by experts
The biggest threat to your retirement account

About The Daily Money

Each weekday, The Daily Money  delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.

Daniel de Visé covers personal finance for USA Today.

Shuffleboard players gathered near the River Walk Center in downtown Fort Pierce on Monday, Dec. 19, 2022, for a two-day tournament hosted by the Florida Shuffleboard Association. The retirees used a little over half of the courts with a view of the Indian River Lagoon during the tournament Monday morning, competing against players from as far away as Fort Myers.

The 4% rule has stood for three decades. Now, it's getting an update.

In this photo illustration, a McDonald's meal sits on a tray in a McDonald's restaurant in Miami, Florida. McDonald's and other fast-food restaurants are fighting for sales as consumers watch to stretch their dollar amid economic pressure. (Photo illustration by Joe Raedle/Getty Images)
 

What happened to cheap fast food? Behind the rising prices.

What's been happening in the fast-food landscape that it has become harder to feed a family as a cheap meal?

FILE PHOTO: U.S. President Donald Trump presents the sweeping spending and tax legislation, known as the "One Big Beautiful Bill Act," after he signed it, at the White House in Washington, D.C., U.S., July 4, 2025.
 

'Trump Accounts' are $1,000 of free money. Here's how to claim it.

Yes, it's free money, but there are lots of other tax-advantaged savings plans. Are "Trump Accounts" a worthy investment?

An At Home store in Wauwatosa, Wisconsin.
 

At Home to close 29 stores by Sept. 30. See the list.

The furniture and home decor retailer At Home is closing 29 of its locations across the country by Sept. 30, 2025.

POM Wonderful owners Stewart and Lynda Resnick pose at the premiere of the film "Pom Wonderful Presents The Greatest Movie Ever Sold" in Hollywood, California, April 20, 2011.
 

Billionaire couple lists most expensive home in US for sale

California billionaire couple Stewart and Lynda Resnick put the most expensive home in the United States up for sale. See how much it costs.

A Costco warehouse is seen in the Northridge neighborhood of Los Angeles on May 7, 2025.
 

Costco's hour changes set to take full effect

Costco is set to implement its executive member shopping hours across stores. See when it takes place and if warehouses are open on Labor Day.

The 2025 Toyota Grand Highlander Hybrid MAX Platinum.
 

5 standout SUVs in 2025 reviewed and recommended by our experts

Today's SUV market is packed with options, but these five standout picks earned top marks from our automotive critics.

A person at a laptop holding documents.
 

There's a much bigger threat to your retirement than Social Security cuts

You'd assume that not being able to collect benefits could upend your retirement. But there's another factor that could cause even more financial pain.

.
 

Save thousands on a car by stacking Trump's tax credits with Biden's

Presidents Donald Trump and Joe Biden created car-buying incentives. Here's how to take advantage of both before Biden's expires in September.

USA TODAY
 

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