How dynamic is your retirement spending strategy?

Transcript Karin Risi: There is a whole lot of refined modeling behind our dynamic investing

Transcript

Karin Risi: There is a whole lot of refined modeling behind our dynamic investing strategy, but the idea is really straightforward. What it allows our retirees to do through the drawdown period is to expend a little extra when markets are up and to pull back investing in down markets. We listen to customer suggestions, Tim, and they really like this individual strategy, simply because it requires the guesswork out of asset drawdown for them. It can be a really complicated working experience to preserve for decades and then in retirement, test to determine out—in a tumultuous market—how much you can acquire out of your portfolio. Dynamic investing helps our clients do that.

Tim Buckley: All ideal, so in that investing, you are going to tell me, “Tim, expend a lot less.” But I’m likely to guess that ideal now people are investing a lot less now. 

Karin: Exactly. The portfolio strategy and conversations with your advisor can aid fine-tune that investing and determine out how much you need to have to pull back. Not just about every customer is familiar with. It’s not a typical rule of thumb. You may well want to know—depending on your existing wealth level—how much do I need to have to pull back, and some of which is likely to depend on the period of this downturn.