Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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Warning Labels Needed for Systematic Withdrawal Plans (SWPs)?
Ken Steiner, FSA Retired Dec. 22, 2016
"SWPs assume that all non-recurring expenses in retirement, such as long-term care costs, bequest motives and unexpected expenses, will be funded through some other unspecified resources. SWPs aren't coordinated with income from other sources in retirement.... Even if income from other sources is relatively constant in real dollar terms over the retiree's lifetime planning period, adding the SWP amount to the income from other sources during a year may not produce a spending budget that is consistent with the retiree's spending objectives."
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