A Single Premium Immediate Annuity (SPIA) is really the only type of annuity most people should consider buying. Here's why you may want one.
The ability to adjust spending has a much larger effect than asset allocation or even initial withdrawal percentage when it comes to retirement success.
There are many ways to spend your nest egg, but they generally fall into a continuum between the "probability-based" school of thought and the "safety-first" school of thought.
In a recent blog post, Wade Pfau argues that investors with a moderate portfolio should be expecting returns going forward to be around 2% real. Whether or not you believe his methods, the problem w...