Safe spending rates for South African retirees
| dc.contributor.author | Mare, Eben | |
| dc.contributor.email | eben.mare@up.ac.za | en_ZA |
| 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 |