Faculty Publications

Title

How Much You Should Spend In Retirement Depends On How Long You Think You'll Live

Document Type

Article

Publication Date

9-1-2016

Abstract

In regards to my last column, I find it helps to visualize the data, and Exhibit 1 shows the specific spending rates for a variety of asset allocations and retirement lengths. It also shows the withdrawal rates implied by the required minimum distribution (RMD) rates set by the IRS for tax-deferred retirement accounts.