7 pages. Excerpt: Assuming that a retiree does in fact possess retirement savings ... there are three main factors ... (1) How much needs to be withdrawn, and how will that change over time? (2) How long will withdrawals need to go on? [and] (3) How much money ... will be available for withdrawal? Both traditional and more recent approaches have tended to focus mainly on the third question.... But what would happen if we focused on the other two questions, instead?  MORE >>