What’s a Good Withdrawal Rate for Income Planning?

03/06/2013 by

This week from State College, Pennsylvania, the investor coach, Paul Nichols, once again provides a market update. Paul also shares some recent articles that relate to retirement planning, financial investments, life-insurance, and student loans. He discusses the safe max withdrawal rate that one may use for income for life needs according to recent studies. He also talks about the current default rate on student loans and at the same time, how they are being sold similar to the way mortgage-backed securities were sold.

It's Your Money
It's Your Money
What's a Good Withdrawal Rate for Income Planning?
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About Paul Nichols

Paul is the founder of Financial Abundance, a Registered Investor Advisory firm and EDI, an Estate Planning Firm with offices in State College and Lewisburg. He has been working with individuals, families and businesses for over twenty years, including many Fortune 500 companies. He has educated tens of thousands of people through seminars, workshops and various international speaking engagements where he shared the stage with many notable individuals such as Ronald Reagan, Robert Kiyosaki (author of Rich Dad, Poor Dad), Mike Ditka, General Schwarzkopf, and Newt Gingrich to name a few.

In 2000, after many years of traveling to consult companies and individuals, Paul decided to relocate from Colorado to State College, PA (his wife’s hometown) to develop a local advisory firm.

Paul operates under the core belief that education plus understanding leads to clarity and confidence; resulting in peace of mind. He is a proud father of three and devoted husband of 20 plus years.

Some of Paul’s accomplishments:
Regular contributor to the Centre Daily Times, via the “It’s Your Money” blog
Featured in the movie Navigating the Fog of Investing
Regular contributor to Town & Gown as the publications Investor Coach
Host of the weekly iTunes Podcast, It’s Your Money
Member of the Western PA Better Business Bureau
Member of the Centre County Chamber of Business and Industry