Episode 171 - Should You Plan to Spend More in your 60s and 70s than in your 80s and 90s?

Published: May 12, 2016, 4 a.m.

b'Can investors spend more than the traditional 4% safe withdrawal rate in their 60s and 70s with the idea they are likely to spend less later in life? David Blanchett is on the cutting edge of this and many other financial issues. David provides a fresh look at the 4% safe withdrawal rate and has significantly different conclusions than Bill Bengen, the best known safe withdrawal expert in the world, who also appeared on The Lange Money Hour. This is a great show and very worth your time, especially if you are in your sixties or seventies. TOPICS COVERED: Guest Introduction: P.J. DiNuzzo, The Safe Withdrawal Rate, A Change in the Safe Withdrawal Rate?, How Long Can You Expect Your Money to Last?, Lump Sum of Annuity, The Best Asset Allocation, Diversification'