While some of the underlying thinking behind the so-called 4% rule was prudent, it was hatched in an era in which interest rates were much higher, capital markets less volatile and, most important, Americans had shorter lifespans. Given today's market volatility and changed retirement landscape, it's safe to assume that the 4% rule may be obsolete.
Colin Devine, principal at C. Devine & Associates, and Ken Mungan, chairman of MillimanThe 4% rule was hatched in an era in which interest rates were higher, markets less volatile and Americans had shorter lifespans.
Target date funds, mutual funds and exchange traded funds are often used to generate retirement income, yet annuities are the only financial product that was designed for and specifically provide protected lifetime income. While some of the underlying thinking behind the so-called 4% rule was prudent, it was hatched in an era in which interest rates were much higher, capital markets less volatile and, most important, Americans had shorter lifespans.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
David Byrne Pens Coronavirus Op-Ed: 'We're All in the Same Leaky Boat'“Viruses don’t respect borders. They get in even with extra screening and travel restrictions. Maybe less, but some slips in”
続きを読む »
Op-Ed: Getting inspiration from the Greatest Generation's economic hardship and shared sacrificeThere's been a meme going around the internet pointing out, 'Your grandparents were called to war. You're being called to sit on your couch. You can do this.'
続きを読む »
Stocks were so volatile this week some analysts have started pulling their S&P 500 targets | Markets InsiderWall Street analysts at Oppenheimer this week abandoned its S&P 500 target amid market volatility due to the coronavirus pandemic this week....
続きを読む »
20 More Stock Picks For The Coronavirus Economy, According To Market ExpertsEven though the coronavirus has caused unprecedented market volatility, there are still good deals to be had for investors.
続きを読む »
This Trade Has Returned 633% in 2020—but Buyer BewareStock-market volatility has made betting on the speed and severity of market moves a popular—and risky—venture
続きを読む »
Father of Wall Street's 'fear gauge' sees wild volatility continuing until coronavirus cases peakRobert Whaley, who created the original VIX in 1992, says the most important thing for markets is to reduce the uncertainty around the coronavirus crisis.
続きを読む »