As yields remain low, today's retirees have to really think out of the box when it comes to building an income stream; noted advisor Harold Evensky and Vanguard's John Ameriks explore practical strategies to obtain income without overstretching for yield.
The 4% withdrawal rule of thumb may get you in the ballpark, but investors should revisit their drawdown plan as the markets and personal circumstances change, says T. Rowe Price senior financial planner Christine Fahlund.
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