What could possibly link the children's story of Watership Down, Thanksgiving turkey and retirement investing risks? Well, my mind works in strange ways (just ask my wife and I'm sure my 15-month old Spencer agrees as well). Buy and Hold - A Broken Promise? After all the troubles in the stock market and in financial markets in general over the past couple of years, I was recently rereading an ... Read More
Sustainable Withdrawal Rate
Retirement Income Planning – The Impact of Emergency Withdrawals
Recent academic research by Gordon Pye on the impact of emergency withdrawals on retirement planning may put into question the rule of thumb used by many advisers to determine a safe, sustainable withdrawal rate. For many investors and their financial advisers, the accepted rule of thumb has been to withdraw no more than 4% of an investment portfolio in any given year to provide a sustainable ... Read More
