A new approach to do-it-yourself retirement planning
Wade D. Pfau
With the decline of traditional pensions, many older workers and retirees face a "do it yourself" retirement: You're on your own to figure out how to make your retirement savings last for the rest of your life. With retirements that can extend 20 to 30 years or more, this is indeed a daunting challenge for those who are fortunate enough to accumulate significant savings by the time they retire.
Vernon, Steve, "A new approach to do-it-yourself retirement planning" (2016). In the News. 956.