Bogleheads® Live

Derek Tharp: spending in retirement

Oct 10, 2022
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ADVICE

Retirement Framework Advice

  • Understand different retirement frameworks, including guardrails and their assumptions.
  • Consider how these frameworks align with your reality and income sources.
INSIGHT

Risk-Based Guardrails

  • Risk-based guardrails consider both portfolio balance and life expectancy.
  • This approach acknowledges decreased risk with shorter life expectancy.
INSIGHT

Unique Circumstances

  • Risk-based guardrails capture unique circumstances like Social Security delays.
  • This framework accounts for higher initial withdrawals before Social Security begins.
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