A Safety First Approach to Retirement Planning and the Problems with the 4% Rule with Wade Pfau

The 4% rule has become one of the cornerstones of retirement planning. And in many ways that makes sense because investors who have spent 4% of their portfolio annually have historically had a very high chance of making their money last. But with expected returns on both stocks and bonds at historical lows, the 4% rule may not work as well in the future as it has in the past.  This week, we explore this concept and look at a different approach to retirement planning with Dr. Wade Pfau, who is a Professor of Retirement Income at the American College and a principal at McLean Asset Management.  We cover a variety of topics including the safety first approach to retirement, the impact of expected returns on retirement planning and the role that home equity should play in a retirement plan.  We hope you enjoy the discussion.  MORE ABOUT WADE Retirement Researcher - by Wade Pfau, Ph.D. CFA & McLean Asset Management FOLLOW WADE ON TWITTER Wade Pfau (@WadePfau) / Twitter SEE LATEST EPISODES https://www.validea.com/excess-returns-podcast FIND OUT MORE ABOUT VALIDEA https://www.validea.com FOLLOW OUR BLOG https://blog.validea.com FIND OUT MORE ABOUT VALIDEA CAPITAL https://www.valideacapital.com FOLLOW JACK Twitter: https://twitter.com/practicalquant LinkedIn: https://www.linkedin.com/in/jack-forehand-8015094 FOLLOW JUSTIN Twitter: https://twitter.com/jjcarbonneau LinkedIn: https://www.linkedin.com/in/jcarbonneau