Safe spending rates for South African retirees

dc.contributor.author	Mare, Eben
dc.date.accessioned	2016-05-06T15:39:04Z
dc.date.available	2016-05-06T15:39:04Z
dc.date.issued	2016-01
dc.description.abstract	Retirees face a difficult financial choice. They need to decide on an appropriate amount to withdraw from their retirement investment and they need to ‘optimise’ between outliving their money and living below their means. In the USA, financial advisors frequently advocate a ‘safe’ 4% withdrawal (or spending) rate. We examine spending rates for retirees in a South African setting.	en_ZA
dc.description.department	Mathematics and Applied Mathematics	en_ZA
dc.description.librarian	am2016	en_ZA
dc.description.uri	http://www.sajs.co.za	en_ZA
dc.identifier.citation	Maré E. Safe spending rates for South African retirees. S Afr J Sci. 2016;112(1/2), Art. #a0138, 4 pages. http://dx.DOI. org/10.17159/sajs.2016/a0138.	en_ZA
dc.identifier.issn	0038-2353 (print)
dc.identifier.issn	1996-7489 (online)
dc.identifier.other	10.17159/sajs.2016/a0138
dc.identifier.uri	http://hdl.handle.net/2263/52527
dc.language.iso	en	en_ZA
dc.publisher	AOSIS Open Journals	en_ZA
dc.rights	© 2016. The Author(s). Published under a Creative Commons Attribution Licence.	en_ZA
dc.subject	Retirement	en_ZA
dc.subject	Asset allocation	en_ZA
dc.subject	Withdrawal	en_ZA
dc.subject	Spending	en_ZA
dc.subject	Portfolio success rate	en_ZA
dc.title	Safe spending rates for South African retirees	en_ZA
dc.type	Article	en_ZA