Low Interest Rates Challenge Retirement Investors

The American College of Financial Services
April 27, 2020

In the face of historically low interest rates and the COVID-19 pandemic, the normal rules of retirement planning no longer apply: specifically, that a 4% portfolio withdrawal every year is a sound financial strategy.

Wade Pfau, RICP® program director and co-director of the New York Life Center for Retirement Income, says advisors need to consider alternative strategies in this unprecedented time. Read more of his advice in InsuranceNewsNet.

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