FYI: In planning for retirement, most people—and their advisors—consider issues such as:
.How much savings will be needed to maintain a desired lifestyle (in other words, what’s your “number”?)
.Current assets and what rate of return will be needed to achieve the stated retirement goal
.What allocation to risky assets, such as equities, is required to achieve the needed rate of return
.What lifestyle adjustments can be made if risks appear?
Regards,
Ted
http://www.etf.com/sections/index-investor-corner/swedroe-financial-perils-old-age?nopaging=1