Are annuities the solution to the old 4% retirement rule
February 14, 2013 by William H. Byrnes, Esq., Robert Bloink, Esq., LL.M.
For years, the so-called 4 percent rule provided the baseline from which advisors launched strategies for retirement account withdrawals. The rule is simple, well-trusted, and relatively unlikely to fail — or at least it used to be. In today’s low-interest rate environment, the strategies that worked for the past 20 years are simply not cutting it, meaning that advisors and clients must re-adjust their expectations to uncover alternative solutions for providing sustainable retirement income. Click here to read…
Originally Posted at LifeHealthPro on February 12, 2013 by William H. Byrnes, Esq., Robert Bloink, Esq., LL.M..
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