How important is asset allocation versus withdrawal rates in retirement?I have this intuition that withdrawal rates are far more important than asset allocation. Whether you withdraw 3% versus 4% is far more…May 31, 20201May 31, 20201
The (Fading) Power of DividendsYou’ve probably heard talk about the key role that reinvesting dividends play in total returns.Apr 30, 2020Apr 30, 2020
“Can Low Retirement Savings Be Rationalized?”I’ve long been dubious about the hand-wringing around retirement savings in America. There is certainly room for improvement but I’ve never…Mar 4, 2020Mar 4, 2020
Published inThe StartupAdding a floor to variable withdrawals.Variable withdrawal schemes can often see us cut our withdrawals dramatically in retirement. It is tempting to add some kind of floor — a…Mar 2, 20201Mar 2, 20201
“Data science” and the 2018 stocrash & recoveryThis is more of a “look how easy pandas & friends make it to investigate things” than anything fully baked. Close to a tutorial than…Jan 21, 20201Jan 21, 20201
Year 2000 Retirement: a 4% SWR Reality Check (3rd edition)In 2017 I wrote the second edition, updating how a Year 2000 retiree has actually done.Jan 2, 2020Jan 2, 2020
Lowering sequence of withdrawals risk by living abroad and the craziness of Safe Withdrawal Rate…One widely known, but little discussed, aspect of the 4% rule is that is has a severe flaw around timing of retirement.Dec 22, 2019Dec 22, 2019
Optimal lazy rebalancing“Optimal lazy rebalancing” is a technique that Albert H. Mao wrote an online calculator for a number of years ago.Dec 21, 2019Dec 21, 2019
Connecting Funded Ratios and Success RatesI think the Funding Ratio is a pretty great tool for retirement planning. It can easily take into account your entire balance sheet —…Nov 26, 20191Nov 26, 20191
Blanchett’s “spending smile” and PMT ratesWhen we use the PMT calculation to guide our retirement planning, we need to pick a “rate” as one of the parameters. What that rate should…Nov 24, 20191Nov 24, 20191
