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Increasing Life Expectancies Are Disrupting Traditional Retirement Distribution Strategies
Brooks Hamilton 
June 13, 2008
Excerpt: [W]hen retirement income is primarily based on annual investment earnings, so that the depletion of principal is spread out over a very long life expectancy, annual retirement income will never fall below annual investment income, even if the retiree lives to age 1,000! .... Perhaps ... learning to live on just investment income (plus Social Security) is an idea whose time has come!
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