Retirement Income Frameworks

How Much Income Do I Need in Retirement?

Most people are focused on saving for retirement so they’ll have the money they need to fund their income in retirement. However, ask most people how much they’re going to spend in retirement and they have no idea. To plan for retirement effectively, you need to have some sense of what your spending needs are…

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How Does Diversification Actually Work?

Diversification is a good thing. Nearly everyone agrees that it’s just about the only free lunch in finance.

But not many people stop and think about how diversification actually helps them, beyond the general “don’t put all your eggs in one basket” argument.

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A Terrible Way To Protect A Retiree From Inflation

People seem to think commodities (especially gold) are suitable guards against inflation. I want to explain why that’s not true, and tell you about some of the much better tools available.

I want to explain why that’s not true – at least over any useful time frame – and then tell you about some of the much better tools available.

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Does The 4% Rule Work Around The World?

From a global perspective, asset returns enjoyed a particularly favorable climate in the twentieth-century United States, and to the extent that the U.S. may experience reversion in the twenty-first century, present conceptions of safe withdrawal rates may be unsafe.

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