Episode One - Rethinking Retirement
A recent Barron's article entitled Rethinking Retirement Rules called into question the commonly accepted standard for estimating the maximum withdrawal rate for a prudently managed retirement portfolio (Kapadia, 2018). In our podcast we discuss and challenge the idea that a 4.5% spending rate should be applied consistently over an extended period of time.
In this podcast you will learn:
- What is the 4% rule and how does it impact retirement?
- How the maximum portfolio withdrawal rate varies in different market environments
- What happens if you experience below average returns early in your retirement
- Why and how to allow for an additional margin of safety to counteract a 'bad luck scenario'
Link: Click Here - FCE Podcast