Dynamic Withdrawal Rule—Simplified
Wade D. Pfau
Recent research that Dr. Wade Pfau and I have conducted finds that investors retiring as of January 1, 2015, who pursue a traditional 4% withdrawal rate from their savings to fund retirement have a more than 50% chance of outliving their savings. Last month in Financial Advisor, we detailed our research on safe withdrawal rates for retirees and the findings that could disrupt the current idea about what savings can safely be generated during a person’s retirement.
Dokken, Wade, "Dynamic Withdrawal Rule—Simplified" (2015). In the News. 317.