April 2007
Independent Online Edition > Business Comment
At any rate Barclays, along with most other large banking groups, has identified managing this growing pool of wealth as a prime opportunity. The first chart shows the prospective growth of dollar millionaires, defined as households with more than $1m (&p
January 2007
by 6 others
So what is a reasonable percentage to withdraw on an annual
basis? One study looked at that question based on actual
market returns from 1926 to 1976. The study concluded that
to ensure your assets lasted for 50 years, your initial
withdrawal rate should
1
(2 marks)
