What you'll find is if you start out with a relatively modest withdrawal rate — say, an initial 3 % to 4 % withdrawal that you then increase by the inflation rate each year to maintain purchasing power — there's a good chance (roughly 80 % or so) that your savings will last 30 or more years. (realdealretirement.com)
His normally boilerplate explanation for his interest rate decision contained a new line: «Some modest withdrawal of the present considerable monetary policy stimulus may become appropriate.» (canadianbusiness.com)
Instead, Carney remains the only central banker in the G7 to indicate that he might actually raise rates, noting «that he considerable monetary policy stimulus currently in place will likely remain appropriate for a period of time, after which some modest withdrawal will likely be required.» (canadianbusiness.com)