THE SECRETS OF YIN AND YANG.
- Resource Type
- Article
- Authors
- Minney, Aaron
- Source
- Money Management. 5/28/2015, Vol. 29 Issue 9, p29-31. 3p.
- Subject
- *RETIREMENT income
*INVESTMENTS
*RETIREMENT planning
*ASSETS (Accounting)
*RETIREES
- Language
- ISSN
- 1322-7254
The article presents a research report which shows that most strategies for retirement income are a combination of probability-based approach and safety-first approach. It mentions that the probability based approach is frequently familiar to people in its guise as the safe withdrawal rate (SWR) where the percentage of assets can be drawn safely as income each year. It states that safety-first approach adovcates prioritise income objectives as the important input to portfolio construction.