Spending Amounts vs Spending Value
How much should you plan to spend each year in retirement? That depends in large part on your budget.
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?
Are Annuities (SPIAs) Okay When Interest Rates are Low?
Readers of my last blog entry, Annuities and Delayed Social Security, provided many valuable comments, prompting me to now write a follow-up post. Most of the discussion centered on a chart showing the relationship between annuity payout rates and interest rates. That chart was actually a last minute addition, as I saw the picture on […]
Safe Withdrawal Rates and Life Expectancy, Part 2
Safe Withdrawal Rates and Life Expectancy, Part 2
A Paradigm Shift in Retirement Planning: Integrated Approach Reveals New Insights
Most retirement planning literature treats the working and retirement phases separately. My findings suggest that a fundamental rethink about retirement planning is needed.
