Different perspective on drawing down your nest egg

[ProGolferWannabe]

Different perspective on drawing down your nest egg from the WSJ: http://www.early-retirement.org/forums/newthread.php?do=newthread&f=28

 

[MasterBlaster]

Your link is incorrect.

Is this the article that you meant to link ?

How to Tap a Nest Egg - Total Return - WSJ

or this perhaps ?

http://corporate.morningstar.com/us...thdrawlStrategyRetirementIncomePortfolios.pdf

 

[ChiliPepr]

I think (know) there is an issue with your link.

 

[Chuckanut]

There is quite a bit of information to digest the Morningstar paper. I think I will need my highliter and pencil when I read this one. There will be lots of notes!

http://corporate.morningstar.com/us...thdrawlStrategyRetirementIncomePortfolios.pdf

 

[donheff]

I don't know about that Morningstar RMD approach. It would bounce you up and down dramatically with fluctuations in portfolio value and (other things being equal) would have you spend greater and greater amounts as you age. I assume the probability of failure approach would have the same results since the RMD method tries to vaguely simulate it.

 

[grasshopper]

Thanks, for the post.

 

[ProGolferWannabe]

Apologies for the bad link---glad you all figured it out.