In a recent column entitled “The myth of outliving your retirement savings“, Gail MarksJarvis outlines one of the key issues that arises from the lack of retirement income planning provided to Americans: without guidance, even diligent savers with substantial nest eggs have no idea how to manage their retirement spending. The thought of a household…
Category: Segmentation
Time Segmentation in Retirement Income Explained
Retirement income generation is a complex problem that advisors are tackling in a number of different ways across the financial services industry. Many large providers are focusing on single product strategies that are supposed to generate income through dividends and interest. Some advisors are using a basic systematic 3-4% withdrawal strategy. However, many advisors are…