The Income Revolution by Joseph Stark & Peter Sander
Author:Joseph Stark & Peter Sander
Language: eng
Format: epub
Tags: BUS050040 Business & Economics / Personal Finance / Retirement Planning
Publisher: Humanix Books
By the Numbers
• 4. The percentage you can withdraw every year from your retirement savings with a very low probability of running out of cash, assuming you follow simple rules
• 25. The number multiplied by your annual income needs from savings used to estimate a lump sum required on Retirement Day One using the 4 percent rule
• 3 to 5.5. The traditional percent range of adjustments of the 4 percent rule given certain assumptions and flexibilities in how you take your withdrawals (Recent low return rates suggest using even a lower withdrawal assumption.)
• 17.3. The multiple of your annual income needs to arrive at a lump sum required on Retirement Day One, assuming 4 percent constant investment returns and even withdrawals using distribution annuity math
• 19.6. What the multiple above rises to if your investment returns drop from 4 percent to 3 percent
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