Sustainable withdrawal rates of retirees: Is the recent economic crisis a cause for concern?

@article{Chatterjee2011SustainableWR,
  title={Sustainable withdrawal rates of retirees: Is the recent economic crisis a cause for concern?},
  author={S. Chatterjee and L. Palmer and Joseph W. Goetz},
  journal={International journal of economics and finance},
  year={2011},
  volume={3},
  pages={17}
}
A sustainable standard of living at retirement is an issue of great importance for most retirees, and is certainly a major consideration in the allocation of client portfolios for private wealth managers. This study uses historical returns and incorporates boot strapping techniques to determine the safe withdrawal rates for retiring households between 1990 and 2005. This time period is chosen because it captures the market shock at the beginning of this millennium as well as the global economic… Expand
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