Nova 401(k) Associates
Compensation Strategies Group, Ltd.
Nicholas Pension Consultants
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|How to Create a Retirement Policy Statement|
Oct. 15, 2021
"If you're close to retirement or already retired, creating a retirement policy statement is a critical task. With an RPS, you're effectively committing yourself to abiding by a given system. That's not to say your system won't evolve as the years go by, but having an RPS makes it much less likely that you'll ratchet your planned 4% spending rate up to 10% in a given year."
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