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Retirees told 6% drawdown rule an option

Friday 5th of May 2017
It has released a new report that outlines four "rules of thumb" for New Zealanders in the decumulation phase.
"The rules are a guide to help retirees plan the level of income their savings can support, so they don't run out of money too soon, or leave too much behind, in line with their personal priorities," society president Andrea Gluyas said.
The society's Retirement Income In...
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