EPISODE · Jan 3, 2020 · 5 MIN
Retirement Advisor: When To Spend
from SA For FAs · host Seeking Alpha
Australian actuaries have developed a rule-of-thumb calculation for how much retirees can spend. This podcast (5:06) discusses this intriguing formula, but assumes it wouldn’t work in the U.S. context. Nevertheless, the obsession with formulas for how much to spend, which depend on unique variables, remind us of the one constant in retirement planning everywhere, which is that the surplus one spends in retirement stems from the restraint shown pre-retirement.Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
Australian actuaries have developed a rule-of-thumb calculation for how much retirees can spend. This podcast (5:06) discusses this intriguing formula, but assumes it wouldn’t work in the U.S. context. Nevertheless, the obsession with formulas for how much to spend, which depend on unique variables, remind us of the one constant in retirement planning everywhere, which is that the surplus one spends in retirement stems from the restraint shown pre-retirement.Learn more about your ad choices. Visit megaphone.fm/adchoices
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Retirement Advisor: When To Spend
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