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Reviews in the News
"Bill Klinger's decumulation method involves techniques for moving
payout rates up or down in
response to market
fluctuations. The New Jersey professor has also created the Retirement
Quant planning tool."
Read
article.
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May 11, 2010,
Time to Replace the 4% Rule?
The Motely Fool
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January 25, 2010,
How Much Annual Income Can Your
Retirement Portfolio Provide?
By Kenneth Walcyk, ING Financial Advisors, LLC
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October 13, 2009,
GOTCHA: Hidden Treasures and Traps in
Retirement Income Generation,
Annual Conference of the Financial Planning Community
by Jon Guyton, Cornerstone Wealth Advisors
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Bear Market's Impact on Safe Withdrawal Rates
by Michael E. Kitces, Wealth Design
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How Much Annual Income Can Your
Retirement Portfolio Provide?
by John Lucchino, Lucchino & Associates
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Managing Money For Retirement Income
by Kisner & Associates
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September 14, 2007
Retirement income rules
by John Caspar, Vice
President
and
Investment
Advisor with
CIBC Wood
Gundy
"Okay, so you've worked, you've saved and
you've built up that nest egg. Now you want to retire. How much money can
you take from your portfolio to live on every year?
That's a more complicated question than you might think, because it involves
guessing about a lot of things. Here's a partial list of the variables
involved: how long you'll live; inflation; interest rates; the performance
of the capital markets; your tolerance for uncertainty. That's a lot of
moving parts, and if you change your assumptions about any one of them,
you'll get a different answer.
You do need an answer, though, because your assumptions about how much
income you can count on will determine how you should plan your life. Your
decisions regarding things like how much to spend and how much to save, how
long and how much to work, and how to live in retirement will all be driven
by that number.
Now, as it happens, you're not the only one who wants to know this. Sooner
or later, everyone asks this question. As a result," ...
"After defining the rules and setting
their parameters, Klinger fired up his Monte Carlo simulator loaded with 78
years of data on asset and inflation performance, applied the appropriate
statistical rigor, and pressed the big red button. KA-POW! Having decision
rules allows the initial withdrawal rate of a retirement portfolio to be set
higher. A lot higher."
Read the whole article
here found on the MSN Sympatico Finance website.
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August 9, 2007
by Beau Ballinger, Public Relations Manager with Financial Planning
Association
"Research in recent years
has established rule-of-thumb “safe” portfolio withdrawal rates for retirees
so their nest egg doesn’t run out of money. But an article in the August
2007 issue of the Journal of Financial Planning, published monthly
by the Financial Planning Association®, offers a method for retirees to
establish their own retirement withdrawal profile and then apply withdrawal
rate rules that allow them to accomplish that plan. They’re in control
instead of being held to a one-size-fits-all rate."
Read the whole article
here found on the Financial Planning Association website. -
The Golden Goose
Retirement Income Plan
by Dana Anspach, CFP®,
Principal of Wealth Management Solutions, LLC.
"You’re counting on your retirement
plan to be your golden goose; the question is how many eggs can you take
without killing the goose? A recent study shows most upcoming retirees have
little idea how much money they can safely withdraw.
The latest research provides an
answer and set of clear cut rules to follow to give you the greatest
probability for success. What happens if you follow the rules? You may be
able to withdraw as much as..."
To read the whole
article, click
here .
The article is posted on the WMS Articles website
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Encyclopedia Britannica
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The Bogleheads
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