The 4% Draw Down Theory
The 4% draw down theory is that when you retire you withdraw at least 4% of your retirement savings each year (normally), but is that normal?
Retirement
Jumping to Conclusions
Jumping to conclusions, especially financial conclusions can be quite hazardous to your savings, as well as your well being in general.
What Will be the Equity Percentage when I retire?
My brother sent me an interesting link from the NY Times An Adage Adjustment for Investors at Retirement (remember it has a pay wall), about whether today’s new concept of Seniors holding high equity stakes in their… Read More »What Will be the Equity Percentage when I retire?
What’s the Magic Number?
With finances there are countless numbers that you are bombarded with (note I didn’t say infinite, only countless (where countless means, countable but a HUGE amount of them)). Magic Numbers are those that have special… Read More »What’s the Magic Number?
If You Saw What You Looked Like at 65 Would You Save For Your Retirement?
Merrill Edge (a division of Bank of America), has put an interesting app on the web, hoping to scare the young folk into putting more money away for their retirement with Face Retirement. An interesting… Read More »If You Saw What You Looked Like at 65 Would You Save For Your Retirement?
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