The New Math of Retirement Spending and Investing

How should individuals invest and spend in retirement with interest rates so low, stock valuations high, and inflation uncertain. Why retirement managed payout funds and income replacement funds failed. Topics covered include:How managed payout and income replacement funds compare to immediate annuitiesWhy Vanguard and Fidelity changed the objective of their retiree focused income replacement and managed payout fundsHow fixed annuities workHow retirees should combine annuities with multi-asset class portfolios to ensure a successful retirementWhy the 4% retirement spending rule is not appropriate for all investors all of the time.Why inflation is the biggest determinant of how much retirees can spendWhy is there so much controversy over the current and future inflation rate Thanks to Mint Mobile and Truebill for sponsoring the episode. Show Note Links Vanguard Throws in the Towel on Its Managed Payout Fund by Daren Fonda—Barron's Generating Retirement Income Isn’t Easy, Even for Vanguard by Reshma Kapadia—Barron's Today's Best Multi-Year Guaranteed Annuities (MYGAs)—ImmediateAnnuities.com Opinion: The inventor of the ‘4% rule’ just changed it Brett Arends—MarketWatch The Price of Tomorrow: Why Deflation is the Key to an Abundant Future by Jeff Booth Alternate Inflation Charts—John Williams' Shadow Government Statistics Americans Are Richer Than We Think by By Phil Gramm and John F. Early—The Wall Street Journal For more information on this episode click here. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.