How Much Wealth Will You Have 30 Years Into Retirement?
Thus far, we have compared the historical performance of various spending strategies when the initial spending rate is 4%. Over the next couple weeks, we will apply an XYZ rule and consider how spending may be impacted by the low-interest-rate environment facing retirees.
Pfau, Wade D. PhD, "How Much Wealth Will You Have 30 Years Into Retirement?" (2016). Faculty Publications. 644.