Faculty Publications

Title

Sustainable Retirement Spending with Low Interest Rates: Updating the Trinity Study

Document Type

Article

Publication Date

8-2015

Abstract

The Trinity Study, which was first published in 1998 and most recently updated in the Journal in April 2011 (“Portfolio Success Rates: Where to Draw the Line”), is one of the hallmark studies in retirement income planning. I will update the study with data through the end of 2014, but then explain how this study is widely misinterpreted and can be modified to better reflect the reality meeting today’s retiring clients.