PERCENTAGE PLAY, PART 2

Excerpts from the conclusion of Eilene Zimmerman’s excellent May 14 New York Times piece headlined 4% RULE FOR RETIREMENT WITHDRAWALS IS GOLDEN NO MORE- “Many advisers recommend maximizing earnings by moving away from the 60 /40 portfolio allocation on which the 4...

PERCENTAGE PLAY

Savvy gamblers like to “play the percentages,” theatrical agents of a certain (pre-inflationary time were known as “10 per centers” and Sherlock Holmes, you may remember, famously had his “7% solution.”) For those contemplating retirement in general or portfolio...