Thursday, June 17, 2010

Stanford Graduate School of Business Research: Saving for Retirement? Beware the 4% Rule | Business Wire

Stanford Graduate School of Business Research: Saving for Retirement? Beware the 4% Rule | Business Wire:
"If a retiree adopts a 4% rule, he will waste money by purchasing surpluses, will overpay for his spending distribution, and may be saddled with an inferior spending plan,' wrote Sharpe and colleagues Jason Scott, managing director of the Retiree Research Center at Financial Engines, and

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