Say Cheese!: The Retirement Spending Smile | David Blanchett | 110
Description
Today Bill and Jackie are joined by another genius in the world of retirement planning research, David Blanchett, PhD, CFA, CFP. In his role at PGIM, David is responsible for Target Date Funds and Retirement Spending Portfolios. In this episode he discusses redefined retirement concepts, the myths surrounding the 60/40 portfolio and some practical adjustments of the 4% rule. He also explains the 'retirement spending smile,' and retirement strategies for late starters.
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Resources mentioned on the show:
A Time-Honored Strategy Puts Your Retirement at Risk of Financial Ruin
Guided Spending Rates: Rethinking “Safe” Initial Withdrawal Rates
Redefining the Optimal Retirement Income Strategy
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