The Ying and Yang of retirement | Accurium

Technical article
Within the world of retirement income planning, there are two opposing schools of thought: probability-based and safety-first, which represent opposing ends of a spectrum of ideas. Understanding the distinctions and thought processes of both schools is as important as getting the best outcomes.
This paper is an executive summary of a longer paper co-authored by Wade Pfau, Ph D and Jeremy Cooper entitled: the ‘Yin and Yang of retirement income philosophies’