The Most Important Factor in Retirement Withdrawal Plans
The ability to adjust spending has a much larger effect than asset allocation or even initial withdrawal percentage when it comes to retirement success.
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.
Reverse mortgage advocates focus on all the cool things that can be done with them. They don't focus on the very real downsides, which are not insignificant.
Reverse mortgages are a unique financial product with some interesting features. Recent changes have made them less risky for house-poor retirees, but haven't done much for high-income professionals.
In some respects, being in the accumulation phase of life is easy. But once you retire, you will have a whole new set of problems to worry about.
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...
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.
I came home from a busy shift last night to discover the traffic on this site had been 10 times higher yesterday than what it had been averaging. I couldn't figure out what was going on until I saw a...