withdrawal: Running Out of Money: Retirement Withdrawal Strategies in a Low Interest Rate Environment
- 11/09/10 02:02 AM
My fellow Equifax blogger and retirement expert Dan Solin gets a lot of questions about retirement. Lately, the questions he's been hearing most are: What percent of my retirement funds can I safely withdraw without fear of running out of money? How can I generate enough income from my portfolio in this low-interest-rate environment? Here's the advice he gives people who are concerned about saving enough for retirement in this low interest rate environment: Understanding the role bonds play in your portfolio is critical to both of these questions. Bonds (including treasuries) should not be viewed as a source of income. (4 comments)