How Much Can I Spend in Retirement? - with Dr. Wade Pfau

Afford Anything - Podcast tekijän mukaan Paula Pant | Cumulus Podcast Network

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#119: Once upon a time, in southern California in 1994, there lived a man named William Bengen. He read many claims, widespread at the time, that said that since the markets return at least 7-9 percent compounding rates on average, retirees could withdraw and spend 7 percent of their portfolio. William had a hunch that this was misguided. He decided to prove it. He looked at 30-year timespans... For more, visit https://affordanything.com/episode119

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