Asset allocation, time horizons, and taxes can complicate withdrawal-rate planning.
Morningstar's Christine Benz walks investors through the basics of setting up and maintaining a 'bucket' retirement portfolio , including some of her favorite funds for retirees.
Long-term government bonds, emerging-markets debt, and preferred stocks may take more prominence for retirees who wish to live solely off a portfolio's income stream, says Morningstar Investment Management's David Blanchett.
The effect of Social Security, whether target-date funds make sense, and more.
Panel discussion: Christine Benz, advisor Mark Balasa, and Morningstar columnist Mark Miller discuss how withdrawal rates, asset allocation, Social Security decisions, and long-term-care insurance factor into portfolio sustainability.
Comparing your portfolio with a good target-date fund or a customized benchmark can help you determine how you're doing.
Some guidance on setting--and not forgetting--your portfolio's stock/bond/cash mix.
In high- (or low-) tax years, retirees may have reason to flout the rules of thumb on withdrawal sequencing.
Jan. 26-30: Check your savings progress, assess your asset allocation, evaluate performance, size up your individual holdings, and get new ideas with model portfolios from Morningstar.
Setting aside one to two years' worth of living expenses in one bucket can make it easier for retirees to also hold more volatile assets with higher potential returns for the later years of retirement.