Author - Bert Whitehead

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What Is The Appropriate Withdrawal Rate in Retirement?
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11 Things You Need To Know About a Roth IRA

What Is The Appropriate Withdrawal Rate in Retirement?

Article in Summary:

 

  • The popular 4% withdrawal rate may not be the right rate
  • Inflation rate is not the driver in retirement
  • The driver for most clients is not cost-of-living, but your “standard of living”

 

While I recognize that the 4% withdrawal rate has become the standard wisdom in financial planning, I respectfully disagree. Keep in mind that most financial planners are actually investment managers, and so minimizing the withdrawal rate keeps more assets under management for them, and correspondingly higher fees.

It seems to me that a withdrawal rate must take into account the after-tax return to the client. …

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11 Things You Need To Know About a Roth IRA

Starting in 2010, the Tax Code opens up vast opportunities to increase Roth IRA participation for many taxpayers. As I will explain, you will need to consider at least 11 issues or possible strategies to make the most of this and determine the final formula that will reduce your long-term income tax bill and address other financial goals. But I caution you from the outset…Roth conversions are a hot topic with brokers and investment advisors who want to use this as an asset gathering gimmick or earn commissions from transactions. It is a complicated opportunity, and demonstrates how a comprehensive …

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