How Much Can I Spend in Retirement?: A Guide to Investment-Based Retirement Income Strategies (The Retirement Researcher Guide Series) by Wade D. Pfau
Author:Wade D. Pfau [Pfau, Wade D.]
Language: eng
Format: azw3
Publisher: UNKNOWN
Published: 2017-10-17T00:00:00+00:00
The benefits of Bengenâs strategy are numerous:
It provides smooth and consistent income as long as wealth remains.
The upcoming budget is more predictable, especially when account balances remain strong.
Those whose lifestyle goals work with a sufficiently low spending rate (whether that be 4 percent or some other number) and who have a taste for market volatility can meet their goals with a high likelihood for success.
It may be possible to create a large legacy with this strategy through the combination of a low spending rate and an aggressive asset allocation.
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