FM 009: How To Convert Your Volatile Investment Portfolio Into Automatic Income With Wade Pfau

How do you convert a volatile portfolio into a stable, automatic income stream? After all, your investment portfolio goes up and down like a roller coaster, but your retirement spending requires a reliable income that you will never outlive. Traditional financial planning provides an oversimplified answer in the 4% Rule, but the latest research into safe withdrawal rates has revealed surprisingly different conclusions that can dramatically impact how you plan your retirement savings strategy...