The Good News on Safe Withdrawal Rates
From: www.morningstar.com
Our annual study suggests that new retirees can spend more from their portfolios.
Recent retirees haven’t had an easy time of it lately. When stock and bond prices both plummeted in 2022, many retirees saw big dents in their portfolio values; a typical portfolio made up of 50% stocks and 50% bonds would have lost about 16% for the year. While market conditions…