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Concern over Aging Clients Overblown

Fears that advisor practices that have elderly clients will lose value as Americans begin to draw down assets in retirement are overblown. So maintains Michael Kitces in the Nerd’s Eye View blog.

He maintains that balanced portfolios may be able to grow over the years even as individuals use a 4% withdraw rate that is typical for retirees, while longevity will increase the time span during retirement that assets can increase.

Read the full article from Nerd's Eye View.

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