Colin Devine, principal at C. Devine & Associates, and Ken Mungan, chairman of MillimanThe 4% rule was hatched in an era in which interest rates were higher, markets less volatile and Americans had shorter lifespans.
Target date funds, mutual funds and exchange traded funds are often used to generate retirement income, yet annuities are the only financial product that was designed for and specifically provide protected lifetime income. While some of the underlying thinking behind the so-called 4% rule was prudent, it was hatched in an era in which interest rates were much higher, capital markets less volatile and, most important, Americans had shorter lifespans.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »
स्रोत: Forbes - 🏆 394. / 53 और पढो »