How Much Can I Afford to Spend in Retirement?: Retirement '4 percent' rule not sure thing

Monday, November 14, 2011

Retirement '4 percent' rule not sure thing
Gail MarksJarvis (Chicago Tribune, November 14, 2011)

Comment: Her solution to 4% rule problems--Take out 3.5% in initial year and skip inflation increases if market goes south.

Biography

Ken Steiner, Fellow of the Society of Actuaries, Retired, is solely responsible for the opinions expressed in this website. He advocates the use of basic actuarial and financial economic principles to help mostly retired or near-retired people make better financial decisions. He has been advocating the actuarial approach for determining reasonable spending budgets discussed in this website for over 10 years. This approach has not been endorsed by the Society of Actuaries or by any other actuarial organization. Ken is a retired pension actuary and has no expertise in asset investing or financial planning. He receives zero direct or indirect compensation from visits to this website or from any activity associated with this blog.

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Monday, November 14, 2011

Retirement '4 percent' rule not sure thing