Forget the 4% withdrawal rule

Written By limadu on Rabu, 26 Februari 2014 | 22.17

Wade Pfau, 36, professor of retirement income, American College, argues for a 3% drawdown. NEW YORK (Money Magazine) Below, advice from our first expert, Wade Pfau, an economist who studies retirement strategies. If returns fall, you...
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Stocks nudge higher on solid retail earnings

NEW YORK (CNNMoney) Though the gains for the Dow, S&P 500 and Nasdaq were small, shares of some retailers were moving significantly. Barnes & Noble (BKS, Fortune 500) shares jumped after the troubled bookstore chain swung to a quarterly...
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Have enough money for the retirement life you want

Choppy markets and rising health care costs needn't stop your from having the money you want. NEW YORK (Money Magazine) One way to fill the knowledge gap is with rules of thumb, nuggets of conventional wisdom, or one-size-fits-all retirement...
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