On the other hand, if you have a chronic illness and don’t expect to live into your 90s, you could consider a higher rate.

If you’re approaching or already in retirement, knowing your safe withdrawal rate is key to making your money last. This is the percentage you can take out of your retirement savings each year without ...

When it comes to spending in retirement, financial advisers and investment experts have long clung to the golden 4% rule as gospel — that retirees can safely withdraw 4% of their retirement account in ...

The 4% rule has you withdrawing 4% of your savings your first year of retirement, with future withdrawals adjusted for inflation. For the rule to work, certain factors need to be present. Research ...

Morningstar’s new analysis suggests a 3.9% starting withdrawal rate gives retirees a high probability of not running out of money during a 30-year retirement. Delaying Social Security until age 70 can ...

Thanks to higher equity valuations and lower bond yields, capital markets assumptions for the major asset classes have come down a little bit, so the safe withdrawal is lower this year. In our base ...

I wrote last week about a recent article in Forbes (What Is the Sustainable Spending Rate for Retirees in 2016?) by Wade Pfau that adopts my suggestion (from 14 years ago) that a valuation adjustment ...

The “right” safe starting withdrawal rate is a moving target, depending on equity valuations, bond yields, prospects for inflation, and a retiree’s own life expectancy and asset allocation, among ...

As there’s no way to predict investment returns, inflation rates or longevity, the fear of running out of money in retirement is a real concern for most seniors. To help alleviate this fear, financial ...