How does asset allocation affect duration? Table 2 on the previous post shows the outcomes for effective earning rates ranging from 1% – 10%. The higher the earnings rate, the longer your money could potentially last, so asset allocation can have an important impact on the duration of your retirement savings. Picking an appropriate asset … Continue Reading

The duration of retirement savings Once you get an idea of how long the money needs to last, the next step is to work out how long your money can potentially last. The table below illustrates, for any particular amount of retirement savings, how long the money might last assuming a constant annual drawdown amount … Continue Reading

When planning your retirement, the lifestyle you want to achieve is an important consideration and a starting point for setting your long-term wealth creation plans. The sum of money that you can accumulate during your working life will drive how much income you can generate in retirement. This obviously then affects your lifestyle options, especially … Continue Reading