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Episode 175 - Can You Spend More Than 4% of Your Portfolio in your 60s and 70s? Morningstar’s David Blanchett Speaks Out

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Sinopsis

In this episode of The Lange Money Hour: Where Smart Money Talks, we welcome to the show Morningstar's David Blanchett. David is head of retirement research at Morningstar Investment Management, LLC, and in that role, he works to enhance the group’s consulting and investment services and conducts research primarily in the areas of financial planning, tax planning, annuities and retirement. In 2014, Investment News included David in their inaugural “Forty Under Forty” list as a visionary for the financial-planning industry, and in 2014, Money magazine called him one of the brightest minds in retirement planning. He’s a retire mentor for Market Watch and an expert retirement panelist for the The Wall Street Journal. TOPICS COVERED: 1. Guest Introduction: David Blanchett of Morningstar Investment Management 2. Should You Spend More Early in Retirement While You’re Relatively Healthy? 3. The Three Buckets: Needs, Wants and Wishes 4. Key Factors: How Long Will You Live, What’s the Return Rate, How Much Will