Tag Archives | published researcher

withdrawal rates and POF

How to Use “Dynamic Updating” to Determine a Prudent Retirement Income Based on Age

This article is a brief summary of how all of our * research papers tie together to modernize the retirement income measurement from your investments. In other words, how to determine a prudent amount of retirement income. Advisers generally annually update plans with their clients. An important part of this update process is capturing new […]

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1 C Retirement Distribution Process

Wise Retirement Withdrawals: How does Safe Withdrawal Rates compare to Dynamic Updating method? @AdviceIQ

Most people are familiar with the “4% Rule.” This post is not going to debate or debunk it. What the rule essentially does is start retirement out with conservative spending, and possibly end up with lots of money at the end. What I’ll do instead is demonstrate a method that closely monitors what you’re doing each […]

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Better Financial Education YouTube video

Here is a short video introducing briefly what Better Financial Education, my business, may do for you.   Also, the blog on my book Wealth Odyssey, which also has a YouTube video.   Note: Your RSS feed or email may not show the embedded part of this blog … please go to the blog website to see […]

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Series of Simulations Zoom2

Just what should an annual checkup do for you during retirement? (Part 2)

If you are not measuring, you’re likely guessing.  Perception is influenced by what one sees or feels. Retirement feels risky at times. How might that risk be thought of? In other words, how might the feeling-of-risk side of the brain work with the rational side to work through retirement fears? In the retirement planning realm, […]

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patterns

“Why evolution has made us bad investors”

We evolved looking for patterns to survive. But the modern brain doesn’t distinguish between patterns and simple random stuff. By SensibleInvesting.tv* : “Financial author and theorist William Bernstein on why humans just aren’t cut out to be good investors. Our emotions and instincts are invaluable if we are faced with a fierce tiger, but not […]

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percent

4% retirement rule – gone!

You may, or may not, have heard of the 4% rule for retirement income. It goes like this – you start with 4% or your retirement savings as your first year’s income (divide by 12 to get the monthly amount). Then you add 3% to your initial dollar amount the next year for inflation. Then […]

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variable

Retirement Income Schools of Thought (part 2)

I recently blogged about Two Retirement Income Schools of Thought, the Safety First School and the Probability Based School. The Probability School has two schools of thought developed within it as well. The first, or the original school which I will call the Static School, began with Bengen’s seminal work in the mid 90’s and many others have […]

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probability

Two schools of retirement income thought

You may not be aware of it, or in which you fall, but there are generally two retirement income schools of thought. One school of thought is the “safety first” school and the other is the “probability based” school of thought. Neither is right or wrong, it essentially comes down to each retiree’s decision. Safety First […]

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