The www.ValueWalk.com site has posted my article entitled The Retirement Risk Evaluator: Part Three — What If You Don’t Want to Die Broke?
Juicy Excerpt: A demand that 100 percent of the portfolio balance remain at Year 30 reduces the safe withdrawal rate by less than one full percentage point! Insisting that your portfolio retain its value delays your retirement date, as would be expected. But the cost of insisting that a significant percentage of your starting-point portfolio value be retained or even the entire starting-point portfolio value be retained is much less than the cost that is incurred by failing to take valuations into consideration. The conventional retirement planning guidance is failing to provide retirees with valuable information about the tradeoffs that come into play when putting together a retirement plan.