When you accept that there’s not a one-size-fits-all withdrawal rate, you can move forward with approaches to estimating sustainable spending each year based on your portfolio’s valuation.
What I’m not sure if we should admire Read for the size of his estate or feel sorry for him because he didn’t use his wealth during his lifetime for life goals.
The Social Security Administration is looking at the recency of a person’s Medicare claims as a signal of whether a person is deceased.
For seniors who have a defined benefit plan or pension plan, the pension payout options typically offer lump sum, single life and joint life options.
What’s worse? Dying young, or living well into a second century? Without question, the latter scenario presents a retirement planning conundrum. Last week, on April 14, Walter Breuning of Montana passed away. He had the distinction of being the world’s oldest man at age 114. His philosophy was to embrace change, according to a wonderful