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How Do Spending Needs Evolve During Retirement
| Content Provider | Semantic Scholar |
|---|---|
| Author | Pfau, Wade Donald |
| Copyright Year | 2012 |
| Abstract | Most people’s spending patterns change over the course of retirement – expenses look very different at 90 than they do at 65. Yet most research on retirement withdrawal rates relies on constant inflation-adjusted withdrawals to develop a client’s forward-looking budget. Such an unrealistic, one-size-fits-all approach can be disastrous if a client inadvertently retires with insufficient savings. Is there a better way? |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://www.advisorperspectives.com/newsletters12/pdfs/How_Do_Spending_Needs_Evolve_During_Retirement.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |