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How Do You Measure the Best Retirement Income Strategy?
Michael Kitces in Nerd's Eye View
Apr. 13, 2016
"[In] framing different retirement income strategies -- and the trade-offs they might entail -- it's important to give serious consideration to the measuring stick that will be used to evaluate the potential retirement outcomes. Because the 'best' retirement income strategy may be very different depending on whether you measure based on wealth, spending, probabilities of success, magnitudes of failure, or utility functions that weigh both the upside and downside risks!"
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