Who’s Afraid to Know the True Safe Withdrawal Rate?
Wade D. Pfau
I wrote last week about a recent article in the Wall Street Journal (What Is the Sustainable Spending Rate for Retirees in 2016?) by Wade Pfau that adopts my suggestion (from 14 years ago) that a valuation adjustment be included in safe withdrawal rate calculations while also tweaking the concept a bit so that the new calculations cannot be compared directly with the old, discredited ones (Wade calls his new version of the concept “Sustainable Spending Rates”).
Bennett, Rob, "Who’s Afraid to Know the True Safe Withdrawal Rate?" (2016). In the News. 1583.