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Podcast: Retire With Style
Episode: Episode 197: RWS Live! With Bill Bengen: Part 2
Description: In this conversation, Wade Pfau, Alex Murguia and Bill Bengen discuss various aspects of retirement planning, focusing on risk management, asset allocation, and the implications of market conditions on withdrawal rates. Bengen shares insights on adjusting the traditional 4% rule based on current market valuations and inflation, emphasizing the importance of a diversified portfolio and the role of annuities. The discussion also covers the significance of sequence of returns risk and the potential benefits of rising equity glide paths in retirement strategies.
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Takeaways
A 65% stock allocation is recommended for retirees.
Risk management involves adjusting asset a...