• Managing Money in Retirement II: Income for a Lifetime

    This is the second of a series of posts on retirement withdrawal strategies.  If you haven’t read Managing  Money in Retirement I, please read it first!  Most of us would feel more comfortable having a reliable source of income in retirement — at least enough to cover our essential needs – rather than being completely at the mercy of uncertain investments in stocks, bonds, real estate or more exotic things.   As a practical matter, though, how can we go about building the floor of a floor-and-upside strategy?    First, let’s define what we’d like in the ideal world.  The best source of income would be an inflation-indexed payment, lasting for…