Making your nest egg last a lifetime

Webb, Anthony. “Making your nest egg last a lifetime”. Issue in Brief 9-20, Chestnut Hill, Mass.: Center for Retirement Research at Boston College, September 2009. http://hdl.handle.net/2345/bc-ir:104279.
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Abstract

The brief's key findings are: (1) Managing a nest egg in retirement is hard. (2) People don't know how long they will live and what asset returns to expect. (3) "Rules of thumb" such as spending either asset income only or a fixed percent of the capital each year, have significant limitations the capital each year, have significant limitations. (4) To minimize risk, a household should consider buying an annuity to cover at least basic living expenses.

Title
Making your nest egg last a lifetime
Author
Webb, Anthony
Center
Center for Retirement Research
Genre
report
Date Issued
September 2009
Publisher
Center for Retirement Research at Boston College
Series Title
Issue in Brief
Series Number
9-20
Version Identification
Version of record.
Persistent Link
http://hdl.handle.net/2345/bc-ir:104279
Use Restrictions
These materials are made available for use in research, teaching and private study, pursuant to U.S. Copyright Law. The user must assume full responsibility for any use of the materials, including but not limited to, infringement of copyright and publication rights of reproduced materials. Any materials used for academic research or otherwise should be fully credited with the source. The publisher or original authors may retain copyright to the materials.
Subject
Financing Retirement

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