WITHDRAWAL RATES & BLACKROCK 2016: THINGS YOU NEED TO KNOW
In this episode, John discusses withdrawal rates during retirement. He talks about the probability of your money lasting through retirement.
Furthermore, John’s strength is his ability and commitment to improve the level and quality of the financial planning process.
His dedication to his clients’ growth involves an evolving strategy. As a result, his focus is to meet the demands, desires, and needs of his clients in a changing economic environment.
In this episode, John will show you:
- How to read BlackRock’s 2016 chart. It shows monthly withdrawal rates for different ratios of stocks to bonds in a portfolio, over different time ranges.
- How to adjust your monthly withdrawal rate. It will depend on your ratio of stocks to bonds to ensure that you have income all the way through retirement:
- In addition, lower withdrawal rates increase the probability that you will make it through a 30-year period.
- But―too low of a withdrawal rate will not allow you to live at your accustomed lifestyle.
- Lastly, you want to find that “sweet spot” that gives you a higher probability of having income over the long haul. All at an acceptable standard of living.
At Smallwood Wealth, we look at portfolios not only on a market volatility-adjusted basis, but also on a tax-adjusted basis. We always want to be focusing on how to reduce tax and how to reduce risk. This is how we can reduce the impact of volatility-adjusted returns.
If you are new to Smallwood Wealth schedule a Wealth Curve Conversation here.
We look forward to speaking with you.
New Jersey | New York | Connecticut