Our recently published article featured in the East End Living Magazine discusses retirement spending strategies.
Having a financially secure retirement depends not only on accumulating sufficient assets, but also on having a spending strategy. As investors near retirement, their number one concern usually becomes whether or not they will have enough assets to last their lifetime.
Many different strategies can be used to generate retirement income. The old rule of thumb, 4% withdrawals, was simple to follow, but it has its shortcomings. Our experience and study of leading research suggest that there are a couple of retirement spending strategies that stand out for their effectiveness. We refer to these strategies as Dynamic Spending and the Bucket Approach.
To read the full article, click here.
