AIER’s research brief on retirement planning strategies continues to gather media attention as it was recently featured by prominent financial advisers’ organization, as well as a business radio station. On Friday, the author of the report, AIER Research Fellow Luke Delorme, was featured on Wharton Business Radio, the Sirius/XM station run by the University of Pennsylvania business school. And the brief was also highlighted in the February edition of the journal of the American Association of Individual Investors. The report has already been noted by CNBC and the Today Show web sites, The Aspen Institute, Forbes and Bloomberg.
According to the AAII article: “Several studies have confirmed 4%, or percentage amounts close to it, as maximum withdrawal amount that prevents savings from being exhausted over a 30-year period. A brief from the American Institute for Economic Research challenges these guidelines. The brief’s author argues that the guidelines do not work for the typical person who has saved far less than $1 million.” You can see the article here.
If you’d like to listen to the radio program, use this link to sign up for free trial of SiriusXM. Wharton Business Radio is located on Channel 111, and past broadcasts available using the On Demand feature. Wharton Business Radio is listed under the Entertainment tab, under Talk and Entertainment.
To see the original AIER research brief, click here.
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