Six different retirement income generators:
1. Systematic withdrawals with a constant inflation-adjusted spending amount
Uncle8888's preferred retirement income generator is the above method:
Still some works in progress ....
2. Systematic withdrawals with spending equal to a constant percentage of remaining assets
3. Systematic
withdrawals based on remaining life expectancies
4. An
immediate inflation-adjusted income annuity
5. An
immediate fixed income annuity
6. A
variable annuity with a guaranteed minimum withdrawal benefit
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