Three Ways to Turn Savings into Income

Steve Vernon demonstrates three ways to turn your retirement savings into retirement income. The first – Dividends and Interest – is probably applicable only to the wealthiest of investors (and, even then, there are significant drawbacks to the approach).  The second – Systematic Withdrawals – is probably the most widely used, but does carry greater Read more about Three Ways to Turn Savings into Income[…]

The Old Normal is Scary Enough

Evan Simonoff reports “If the New Normal prevails—meaning a 4.5% real annualized rate of return on equities and a 1.5% real returns on bonds—then standard retirement rules like Bill Bengen’s 4.5% withdrawal rate for retirees and a 15% savings rate for workers won’t cut the mustard.” Read the full article >>