Drawing Retirement Income is a Science
Toronto-based fee-for-service financial planner and Unconventional Wisdom blogger Ed Rempel works in his waterfront office/condo in Toronto, Ont. on Friday, February 17, 2017. (J.P. Moczulski/The Globe and Mail)
I was recently interviewed by the Globe and Mail about my research on how much you can safely withdraw from your investments after you retire.
I analyzed 150 years or actual data on stock & bond markets and inflation to find out the exact success rates of different withdrawal amounts and methods.
I found that the “4% Rule” often used by financial planners has not been reliable with interest-focused investments, but has been with equity-focused investments.
The “4% Rule” says to withdraw 4% of your investments the year you retire and then just increase that amount by inflation for the rest of your life. It is a formula.
I found that you can withdraw more if you manage it the right way, not just follow a formula. I analyzed different methods of managing it and found you can withdraw up to 6% per year if you manage it the right way.
Click here for the article:
Globe＆Mail文章
Watch for my article on this blog with the details shortly (or sign-up for email updates).
Ed
Planning With Ed
Ed Rempel has helped thousands of Canadians become financially secure. He is a fee-for-service financial planner, tax accountant, expert in many tax & investment strategies, and a popular and passionate blogger.
Ed has a unique understanding of how to be successful financially based on extensive real-life experience, having written nearly 1,000 comprehensive personal financial plans.
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Congrats on the article Ed. Looking forward to reading more details in your post!