The need for flexible retirement spending rules

Michael Kitces | Pinnacle Advisory Group | 02 August 2019

EXECUTIVE SUMMARY

The modern form of retirement – a period of non-work that you can and must enter because you're no longer able to work – is itself a rather modern phenomenon, and one that ironically became both more feasible and more necessary as life expectancies increased over the past 100 years. When coupled with the industrial revolution and the shift from farms to factories, rising longevity became...