In A Richer Retirement: Supercharging the 4% Rule to Spend More and Enjoy More, entrepreneur, researcher, and financial planner, William P. Bengen, delivers a straightforward, soup-to-nuts guide for maximizing your withdrawals from your investment accounts during your retirement. The author explains how you can draw heavily on your retirement accounts without spending yourself into premature poverty.
This book is a comprehensive roadmap to constructing your personal retirement withdrawal plan. You'll learn how to compute a low-risk maximum withdrawal rate so that you can enjoy your retirement savings to the utmost. You'll also discover guidance on why and how to adjust your withdrawals during retirement to help make sure that your accounts last your entire life.
You'll also find:
● The eight elements of a comprehensive personal retirement withdrawal plan
● Techniques for selecting your withdrawal rate based on the eight elements, inflation, and stock market valuation
● A template for your withdrawal plan that will help you recognize if you're overspending (or underspending!) and exactly how to address that issue