March Main Event with Christine Benz: (1) 5 Must-Knows about Retirement Spending (2) Morningstar's Best Ideas for 2024 and Beyond

PEAKER: Christine Benz, Director of Personal Finance and Retirement Planning, Morningstar, Inc.
March 9, Saturday Starting at 9:00 PT On Zoom
1st PRESENTATION TITLE: 5 Must-Knows about Retirement Spending
PRESENTATION DESCRIPTION
One of the most difficult questions in retirement planning is how much retirees can safely spend without prematurely depleting their assets. Morningstar’s director of personal finance and retirement planning Christine Benz will discuss key factors to bear in mind as you develop a safe and livable in-retirement spending rate. She will also share what current conditions–especially higher interest rates--mean for in-retirement spending going forward. Finally, she’ll look at the interplay between your in-retirement spending and your portfolio’s asset allocation.
ATTEND THIS MEETING TO LEARN:
1. Several factors affect safe withdrawal rates for retirement: stock valuations, bond yields, and inflation; these are out of retirees’ control but important to consider.
2. Retirees can exert control over their plans’ success by adjusting asset allocation, the length of the drawdown period (working longer), and probability of success.
3. Being somewhat flexible with in-retirement withdrawals (i.e., tethering withdrawals to portfolio performance) helps improve startling and lifetime withdrawal percentages.
REGISTER

Speaker Bio & Session Info

  • Nicholas Atkeson is s the director of personal finance and retirement planning for Morningstar. She also co-hosts a podcast for Morningstar, The Long View, which features in-depth interviews with thought leaders in investing and personal finance. Benz is author of 30-Minute Money Solutions: A Step-by-Step Guide to Managing Your Finances (Wiley, 2010) and author of the forthcoming book How to Retire (Harriman House, 2024) She is also co-author of Morningstar® Guide to Mutual Funds: 5-Star Strategies for Success, a national bestseller published in 2003, and author of the book’s second edition, which was published in 2005. She holds a bachelor’s degree in political science and Russian/East European studies from the University of Illinois at Urbana-Champaign and is president of the John C. Bogle Center for Financial Literacy.

  • Click to Register here:
  • https://us02web.zoom.us/j/84797457466

  • Click to Donate here:
  • Silicon Valley AAII offers this Webinar for free, and encourage those who can to donate $5 or $10 to help us cover costs for our hosting services.
  • https://www.eventbrite.com/e/march-main-event-1-retirement-spending-2-morningstars-best-ideas-tickets-831200331567

About This Meeting

AAII Silicon Valley Chapter hosts several main meetings and meetups by webcast throughout the year. These meetings are funded by members and attendees who are willing to donate $5 or $10 to attend our main events. Please consider doing that when you register to attend on our Eventbrite Registration System. We also welcome those who attend our Webinars and Meetups for free. Be sure to register on Eventbrite here to receive email notices with the Zoom meeting link, as well as the link to the recording after the event. Currently all our meetings are hosted on Zoom and you can get notices on all our events by checking out our website here, or by following us on Eventbrite and Meetup.