Retirement Income Planning Should Focus On Saving, Not Withdrawing
In my last article, I discussed “safe savings rates.” The following case study illustrates the safe savings rate concept using someone saving for retirement during the final thirty years of her career, and she earns a constant real income in each of these years. A fixed savings rate determines the fraction of this income she saves at the end of each of the thirty years.
Pfau, Wade D. PhD, "Retirement Income Planning Should Focus On Saving, Not Withdrawing" (2016). Faculty Publications. 555.