"Safe" withdrawal rate is critical for retirees to not outlive their savings

Creating an adequate amount of income for individuals to live comfortably in retirement will require a combination of several income producing strategies, as well as knowing what constitutes realistic and “safe” withdrawal rates from retirement plans, according to a new issue brief by the Institutional Retirement Income Council.  For individuals not to outlive their retirement funds, they need to treat their retirement plan account balances as a source of monthly income rather than as personal wealth, according to the report.

Get access to this article and thousands more...

All Employee Benefit Adviser articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, podcasts, e-books, blog discussions, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine for benefits professionals and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and product updates.

Already Registered?

Already a subscriber? Log in here