The perfect withdrawal amount: a methodology for creating retirement account distribution strategies

The perfect withdrawal amount: a methodology for creating retirement account distribution strategies

We present a new way to develop withdrawal strategies from retirement portfolios. It is derived analytically, instead of from empirical testing, and it iterates always in the same manner. It is based on a new measure we develop, the Perfect Withdrawal Amount, for which we discuss how to construct a...

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Veröffentlicht in:Financial services review (Greenwich, Conn.) Conn.), 2015-12, Vol.24 (4), p.331
Hauptverfasser: Suarez, E. Dante, Suarez, Antonio, Walz, Daniel T
Format: Artikel
Sprache:eng
Schlagworte:
Analysis
Distribution channels
Distribution of retirement plan assets
Evaluation
Methods
Optimization
Planning
Probability distribution
Purchasing power
Rates of return
Retirees
Retirement
Retirement benefits
Savings accounts
Studies
Withdrawals
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Zusammenfassung:We present a new way to develop withdrawal strategies from retirement portfolios. It is derived analytically, instead of from empirical testing, and it iterates always in the same manner. It is based on a new measure we develop, the Perfect Withdrawal Amount, for which we discuss how to construct a probability distribution and how to apply it sequentially. We also derive a new measure of sequencing risk. We present new strategies built with this framework.
ISSN:1057-0810
1873-5673