Not exact matches
The viewpoint is catching
on with advisors and consumers, but retirement research is still largely focused
on the notion that individuals need to
find a
safe withdrawal rate for their retirement and then use that as a barometer to compute a wealth accumulation target in order to fund their desired retirement spending.
Our
withdrawal rate will be
safe with them around, and should go down when they're off
on their own,
finding their own path to financial independence.
On the retirement side, research is mostly about
finding a «
safe withdrawal rate,» which is then used to compute a «wealth accumulation target» so that desired retirement spending can be funded from this wealth at the desired
withdrawal rate.
Details can be
found in the article An International Perspective
on Safe Withdrawal Rates from Retirement Savings: The Demise of the 4 Percent Rule?
I
find that the state of the «economy» had little bearing
on safe withdrawal rates.
My good friend Mike Piper has written an article («Investing Based
on Market Valuation») at his Oblivious Investor blog exploring my
finding that the Old School
safe withdrawal rate studies get the numbers wildly wrong (promoted recently by my other good friend Todd Tresidder) and the research done by my other good friend Wade Pfau showing that Valuation - Informed Indexing has for the entire 140 years for which we have market data available to us provided far higher returns at greatly reduced risk.
Valuation - Informed Indexing # 127 by Rob Bennett My good friend Mike Piper has written an article («Investing Based
on Market Valuation») at his Oblivious Investor blog exploring my
finding that the Old School
safe withdrawal rate studies get the numbers wildly -LSB-...]
I thought that was a good way of pointing out how lame the arguments are that are used by defenders of retirement planning tools based
on the
findings of conventional - methodology
safe withdrawal rate studies.
The main event is the
finding that we can reduce the risk of stock investing for millions of middle - class people by 70 percent just by opening the internet to honest posting
on safe withdrawal rates and other critically important investment - related topics.