Four out of 5 clients won't need their retirement money to last 30 years, the time frame that the 4% withdrawal rule is based upon, according this article. Also, there are too many variables in retirement spending to make it a practical approach: Most people will want to spend more money early in their retirement and be more conservative later on. The writer talks about the factors that affect how to approach withdrawal rates with confidence in retirement, including confidence in an investment plan, a dynamic spending plan, flexibility in spending and identifying trigger points that would justify scaling back on withdrawals.

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