Today I wanted to revisit the topic of spending in retirement. Having a retirement spending plan and monitoring that plan is just as important to retirement success as asset allocation or deciding on safe withdrawal rates (SWRs). Yet, it’s not discussed nearly as much as the other retirement topics. And Read more…
Time for screencast #4. In today’s screencast I cover spending in retirement. I cover the three key aspects of spending in retirement; the level of post retirement spending relative to pre-retirement, the yearly increases to spending, and the impact of maintaining flexibility in spending during retirement. The combination of these three Read more…
Most of the ink spilled in talking about retirement is limited to the investment side of the equation. How much do you need for retirement? How much can you withdraw from your portfolio in retirement? How should I invest my retirement assets? And obviously, all these questions are critical. But Read more…
It’s usually worthwhile to question conventional wisdom. At the minimum you usually learn where that wisdom came from. Often you learn the conventional wisdom is not the best approach. This happens to apply rather well to the topic of retirement spending. Lets take a look at the conventional wisdom regarding Read more…