Faculty Publications

Title

What is an RICP, and why should retirees care?

Document Type

Article

Publication Date

11-12-2013

Abstract

Every day, more than 10,000 Baby Boomers hit retirement age. Many Americans expect to live a long time in retirement, but most don't have pensions to rely on the way their parents did. People just aren't sure how to draw down their savings and live a fulfilling lifestyle in retirement at the same time. And the strategies people need to use in retirement are very different from the ones they used to build up their nest eggs.