Tuesday, October 15, 2013

A New Formula for Retirement Withdrawals


This post is the fourth is a new weekly tradition of a video blog post made in cooperation with The Wealth Channel at the American College. The first three were about articles I had been a part of, but as David Blanchett is the only person I know who could indefinitely sustain writing new weekly research articles, it is time to move on to discussing the research of others.

In this case, the aforementioned David Blanchett, who is head
of retirement research at Morningstar Investment Management, published a very interesting article in the September 2013 Journal of Financial Planning. It is called, "Simple Formulas to Implement Complex Withdrawal Strategies."

I do not have a transcript for these video presentations (though I would welcome any volunteer to prepare one). The first five I recorded were based on handwritten notes made on an airplane. For the next round I will record in a couple of weeks, I will try to prepare notes on a computer, which will allow for me to more easily prepare a transcript. I bring this up, because in this case, I think there are some interesting issues discussed in the video which haven't been written about much before. Please have a look:



You can also find David's spreadsheet for implementing the formula at his personal website.

For email readers, the videos never show up in the email, but you can see the video by clicking here.