Decumulation is actuary Fred Vettese's preferred term over «drawdown» and his new book Retirement Income for Life (Milner & Associates, Toronto, 2018) seems destined to become the bible of any new or
near retiree challenged with converting large RRSPs and other savings into reliable income.
For example, Collado said, New York would be quick to
challenge a change in domicile if
retirees are just spending half the year in Florida and everything that is
near and dear to them, such as doctors and charities, is back in the Empire State.