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Re-thinking safe-withdrawal rates and how much you’ll need in retirement
This is a guest post from Financial Samurai. The views of guest authors are their views and not necessarily mine. That said, I think it’s a good thing to read and share ideas that differ from your own. (And, in fact, I’d argue that many of our larger political problems in the U.S. today stem from an unwillingness to do just this.) Over the past fifteen years, I’ve published many guest articles I didn’t agree with. I’m sure to publish more in the future. With that disclaimer out of the way, let’s look at Sam’s arguments for re-thinking the four-percent safe withdrawal rate.
On 27 August 2020, the Federal Reserve announced a major policy shift. Fed Chair Jerome Powell said the Fed is willing to allow inflation to run hotter than normal in order to support the labor market and broader economy.
In other words, the Federal Reserve is likely to keep its Fed Funds rate at or near zero percent for longer. In the past, the Federal Reserve would consider raising interest rates when the unemployment rate falls to ward off inflation down the road.
Given this policy shift, I think youâd be a fool to follow a four-percent safe withdrawal rate in retirement. Let me tell you why.
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MBS Week Ahead: Lots of Data This Week, But Is It Enough To Matter?
Posted To: MBS Commentary
Bonds find themselves in an interesting position heading into February. On the one hand, there's a well-established tepid recovery narrative that coincides with gradually rising 10yr yields for the past 6 months and, more recently, mortgage rates that begun to take notice. On the other hand, several of the inputs driving those trends are open to criticism, push-back, or other intervening factors that may collectively say "not so fast" to the rising rate trend. Econ data can bat for either team in this regard and this week brings the month's biggest reports with ISM PMIs and the big jobs report (NFP). A unified message from the data will likely matter to the bond market, but it might be hard to tell unless those "not so fast" factors are staying silent. For the sake…(read more)
Ua-low mortgage rates are likely to stick around, thanks to the Fed – Yahoo Finance
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The post Triumph Lending Review: A Near Perfect 5-Star Rated Lender first appeared on The Truth About Mortgage.
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