TITLE

The Withdrawal Policy Statement

AUTHOR(S)
Guyton, Jonathan
PUB. DATE
June 2010
SOURCE
Journal of Financial Planning;Jun2010, Vol. 23 Issue 6, p41
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article offers information on a withdrawal policy statement (WPS). The author states that this statement is established when the financial adviser will converse with his or her clients about possible refocusing of the latter's values, expectations and goals about their upcoming retirement. Additionally, a WPS will also put the client income goals to be met through withdrawals, assets of the client to which the WPS applies and the method to be used for determining the source of each year's withdrawal income from the portfolio.
ACCESSION #
51316882

 

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