Retirement Planning
Income sources, withdrawal strategies, and the structures retirement actually runs on.
- Social Security
- A government benefit based on your earnings history, with the amount set by when you claim.
- Pension (Defined Benefit Plan)
- An employer-funded retirement income paid for life, calculated from service and salary rather than a balance.
- Withdrawal Rate
- The share of a portfolio drawn each year, and the main lever over how long it lasts.
- Bucket Strategy
- Splitting a portfolio by when the money will be spent, so near-term spending is never funded by selling equities.
- Retirement Spending Smile
- Retirement spending tends to fall through the middle years and rise again late, tracing a shallow curve.
- Geoarbitrage
- Earning in a high-cost location and spending in a lower-cost one, which changes the target rather than the savings.
This content is educational and informational only. It is not financial, investment, or tax advice. Consult a qualified professional before making financial decisions.