Evaluating Retirement Withdrawal Strategies with Christine Benz (EP.141)

In this episode, we’re joined by Christine Benz, Director of Personal Finance at Morningstar, who shares fascinating insights from her latest co-authored paper: "The State of Retirement Income 2023." 

 

Listen now and learn:

• Motivations for safe withdrawal rate research

• Nuances of the 4% withdrawal rule

• Implications of today’s environment for retirement spending strategies

 

Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.

 

02:28 Motivation Behind the Research

03:54 The 4% Withdrawal Rule: An Overview and Its Shortcomings

07:15 Variables Impacting the Ideal Withdrawal Rate

12:45 The Impact and Value of Early Financial Gifts

17:16 The Advantage of Dynamic Spending Strategies

21:07 Upcoming Book: "How to Retire – 20 Lessons for a Happy, Successful, and Wealthy Retirement"