A researcher (Ph.D. in Economics) with the National Graduate Institute for Policy Studies has recently published a provocative paper on how to most efficiently produce retirement income. A somewhat radical conclusion is that for a 65 year old married couple using a 4% withdrawal rate to meet retirement spending needs, bonds (or bond funds) should not be part of their retirement portfolio.
Archives for October 2012
Time again for a brief update of our retirement portfolio performance and net worth progress. Monitoring and quantifying these changes is my way of systematically evaluating whether we are improving the financial aspects of our retirement readiness.