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Channel: Bob Dannhauser, CFA – CFA Institute Blogs
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Theory to Practice: Siegel and Waring on Retirement Spending Rules

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Laurence B. Siegel and M. Barton Waring devised a way to balance an investor’s portfolio concerns by adopting a personal annuity structure, created by relating an asset portfolio’s value to a stream of annual spending over a term related to the remaining lifespan of the investor. Read more

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