Information for retirees and future retirees on asset preservation and income planning. Last radio show featured on "Securing your Retirement" KLAY 1180AM. Opinions and views-not recommendation for sale or purchase of products. Consult with a financial advisor. Licensed insurance agent, investment advisor. Investment Advisory Services offered through Retirement Wealth Advisors, Inc., an SEC Registered Investment Advisor.
Thursday, October 6, 2011
Changing retirement income expectations
A recent paper has called into question the generally accepted rule that four percent is the amount you can safely withdraw from IRAs, 401(k) accounts, and retirement savings to generate reliable, lifetime retirement income. While analysts and financial planners have long advocated the four percent rule, or some variation of it, it may no longer make sense in today's environment.-Steve Vernon. CBS Moneywatch Sunday, October 2, 2011
This information is not intended as and should not be construed as investment, tax or legal advice.
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