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Paper recommends flexible withdrawals

Data from Vanguard suggests that retirees employ spending methods that incorporate market fluctuations.

By Dan Berman | Updated on December 02, 2013

Trying to figure out how much of their savings to withdraw each year perplexes many retirees. A Vanguard research paper looked at the problem and recommended a hybrid approach that mixes two common methods of calculating spending.

The two traditional strategies rely on withdrawing a fixed percentage of a portfolio each year. Vanguard’s analysis found long-term problems with each method.

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