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Managing Retirement Portfolio Withdrawals in Turbulent Times: Precautionary Savings, Investment Reserves and Mid-Term Adjustments
Joshua Tree Enterprises, LLC Link to more items from this source
Feb. 2, 2009
Excerpt: This paper provides insights into several issues: Does a 35 percent drop in a retirement portfolio's value translate into a 35 percent drop in expected future retirement income? How should 'rainy day' funds be designed and implemented? What moderate course corrections can retirees take now in order to avoid draconian corrections at a later date?

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