Understanding the Tools in Your Retirement Income Toolbox
You should be familiar with all of the tools in your retirement income toolbox. Retirement plans can be built to manage varying risks by strategically combining the following retirement income tools in different ways.
Lifecycle Finance: An Alternative For A Lifetime Financial Plan
Some of the most common rules of thumb used to guide retirement planning include the following:
Retirees should be able to sustainably withdraw 4% of their retirement date assets over their retirement.
Are market valuations the most important factor for retirement income strategies?
The question remains as to whether historical withdrawal rates provide sufficient insight about what can reasonably be expected to work for more recent retirees.
Fixed Time Horizons vs. Survival Probabilities for Retirement Planning
The planning horizon for the 4% rule is 30 years, but how long will your retirement really last?
