Although the financial industry tells us that 4% is the appropriate rate of withdrawal from a retirement fund, this oversimplification may result in almost 20% of retirees running out of money. An historical look at the bond market shows why applying a 4% rate of withdrawal will be disastrous to many retirees.
How much can you withdraw from your retirement funds? Barron's publication gives us formulas and strategy on fixed and discretionary spending vs. guaranteed fixed income in your portfolio.
There are lots of rules and regulations when applying for social security. However, benefits from a former marriage can put more money in your pocket if done right. Sharon Olson discusses what you should know to make the most when collecting Social security on your ex-spouse’s work record.
Surging bond yields have not spooked stock market investors.