TITLE

Extending Retirement Payouts by Optimizing the Sequence of Withdrawals

AUTHOR(S)
Spitzer, John J.; Singh, Sandeep
PUB. DATE
April 2006
SOURCE
Journal of Financial Planning;Apr2006, Vol. 19 Issue 4, p52
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses how financial planners can help their clients extend retirement payouts by optimizing the sequence of withdrawals. The life-cycle approach to investment requires financial advisors to strategize for post-retirement life, since their clients will no longer be accumulating increasing amounts of wealth. The article addresses the question of whether or not the order in which retirement sub-portfolio funds are withdrawn makes a difference in how long a client's total portfolio lasts.
ACCESSION #
20836717

 

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