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About: Retirement spend-down     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatFinancialServices, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: yago:Abstraction100002137yago:Act100030358yago:Activity100407535yago:Cognition100023271yago:Content105809192yago:Event100029378yago:Idea105833840yago:IndividualRetirementAccount105912012yago:PensionPlan105911255yago:Plan105898568yago:PsychologicalFeature100023100yago:WikicatIndividualRetirementAccountsyago:Work100575741yago:YagoPermanentlyLocatedEntityyago:Service100577525yago:WikicatFinancialServices New Facet based on Instances of this Class

At retirement, individuals stop working and no longer get employment earnings, and enter a phase of their lives, where they rely on the assets they have accumulated, to supply money for their spending needs for the rest of their lives. Retirement spend-down, or withdrawal rate, is the strategy a retiree follows to spend, decumulate or withdraw assets during retirement.