Today’s low interest rate environment makes annuities more attractive than bonds. While annuity payouts have dropped because of low rates, alternative strategies such as bond ladders, have been hit harder.
The “4% rule” has long been a benchmark for how retirees can safely spend down their accounts. Like any rule of thumb, it’s a guideline – not an immutable law.
Preparation must be the building block to any successful distribution retirement system. Take control to protect your retirement income ratio.
I recently met some of my students from the retirement class Jen and I teach at Cape Cod Community College. After attending my class, Gwen and David came into our Duxbury office for a consultation. They’re from Plympton. David’s a software engineer. Gwen is involved with vacation property management, and they have two kids around […]