Discover and read the best of Twitter Threads about #decumulation
Most recents (1)
I took a Twitter break after teaching finished. I’m back now and thinking about one of my favorite topics, #decumulation in #retirement. Prompted by some conference talks I gave last month, plus some recent articles, here’s a thread. 🧵 (1/15)
What is decumulation? In a nutshell, the drawdown of retirement savings, along with other sources of income such as pensions and SSA retirement benefits (OASI). While there’s a long economics literature on decumulation, I’m especially interested in the psychology of it. (2/15)
It’s a highly complex problem psychologically: large stakes, every individual is different, no chance to learn (decisions often irrevocable) and much uncertainty & emotion. (3/15) avantisinvestors.com/content/avanti…
