Systematic Withdrawals

Wade Pfau, Ph.D., CFA

by Wade Pfau, Ph.D., CFA

December 30, 2015

Systematic Withdrawals are preplanned withdrawals from an investment portfiolio. Systematic withdrawals are similar to annuitization in that they aim to meet the financial need of a retiree through scheduled payments. Systematic withdrawals do not off the same guaranteed income from an annuity, but do offer increased flexibility with payments and the potential for higher returns than expected.