Safe Savings Rates Archives - Retirement Researcher

The Importance of Your Savings Rate

By Bob French, CFA | June 1, 2018 |

How much you save for retirement goes a long way to determining how much you can spend in retirement. There are many factors to your success in retirement, but they all pale in comparison to your savings rate. Put simply, this is the most important number in financial planning.

Should You Lower Your Distributions If Your Portfolio Underperforms The Stock Market?

By Wade Pfau, Ph.D., CFA, RICP® | July 26, 2016 |

Another optimistic assumption of classic safe withdrawal rate studies is that retirees are able to earn precisely the underlying index returns net of the risks. But three truths dispute that idea.

Retirement Income Planning Should Focus On Saving, Not Withdrawing

By Wade Pfau, Ph.D., CFA, RICP® | July 19, 2016 |

This case study illustrates the safe savings rate concept using someone saving for retirement during the final thirty years of her career, and she earns a constant real income in each of these years.

A Safer Approach To Retirement Income Planning

By Wade Pfau, Ph.D., CFA, RICP® | July 14, 2016 |

The relationship between stock market valuations and sustainable spending rates has great implications for retirement planning when we consider how the pre-retirement savings phase and the post-retirement withdrawal phase can be linked through the stock market valuation level at retirement.

The Value of Financial Advice

By Wade Pfau, Ph.D., CFA, RICP® | July 21, 2015 |

I am often asked whether it is worth the cost to hire a financial advisor. After all, they charge you money to make you money. People say they can listen to the news and know where and how to invest, so, “Wouldn’t I be better off just keeping that fee for myself?” That is an excellent question with an answer that depends on many factors.

Getting on Track for Retirement

By Wade Pfau, Ph.D., CFA, RICP® | June 29, 2011 |

Those already late in their careers who are thinking seriously about retiring in the coming years may have been interested in the “safe savings rate” concept, but be left wondering how to apply it to their own personal situations. This new paper provides the answer about how to do this.

Safe Savings Rates: A New Approach to Retirement Planning over the Lifecycle

By Wade Pfau, Ph.D., CFA, RICP® | February 11, 2011 |

Most retirement planning literature treats the working and retirement phases separately. My findings suggest that a fundamental rethink about retirement planning is needed.