Our daily roundup of retirement news your clients may be thinking about.
How to make your savings outlive you Retirees cannot simply rely on the 4% withdrawal rate to ensure their nest eggs will outlast them since risky investments do not guarantee a fixed-income stream, according to an article in The Wall Street Journal. Instead of sticking adamantly to this rule, retirees should adjust their investment portfolio annually to achieve a stream of inflation-indexed income, the experts say. Retirees may also put 75% of their savings to the annually recalculated virtual annuity if they expect to live longer, Siegel says. --The Wall Street Journal
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