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Neuwirths’ and Sacks’ analysis is based on essentially the same strategy for the use of home equity that was used in the 2012 Sacks & Sacks research where a coordinated strategy (Strategy #1) recommended establishing a reverse mortgage credit line in the first of year of retirement while also withdrawing from the securities portfolio in the first year of retirement. The following are actions to take in each subsequent year, except:
The following are true about the “conventional wisdom” (Strategy #2), except:
Key findings of the research include the following about the “coordinated” strategy (#1) and the “last resort” strategy (#2), except:
The authors’ observations regarding retirement income cashflow include the following, except:
Actions for advisors to understand about the Rule of 30 or 38 include the following, except: