The 4 Ls Of Retirement Income Planning
Last year, my colleague Alex Murguia and I spent considerable time developing and testing a Retirement Income Optimization (RIO) Map™ for commercial use at McLean Asset Management, where I serve as the Director of Retirement Research.
The starting point for this process is to understand one's financial goals for retirement, which we have summarized as the "4 L's of Retirement."
Pfau, Wade D. PhD, "The 4 Ls Of Retirement Income Planning" (2017). Faculty Publications. 792.