How much should a retiree leave on the table?

Austin American-Statesman-He thinks we might be able to live better in retirement than most professionals have thought for nearly two decades. The Texas Tech University associate professor, along with two other researchers, Wade D. Pfau and Duncan Williams, has examined William Bengen's well-known 4 percent safe-spending rule and found that some retirees, perhaps many, can spend a lot higher on the hog. Simply raising the spending rate to 6 percent means you can spend 50 percent more.

How would you like to double your retirement spending?

Michael Finke is working on just that.

He thinks we might be able to live better in retirement than most professionals have thought for nearly two decades. The Texas Tech University associate professor, along with two other researchers, Wade D. Pfau and Duncan Williams, has examined William Bengen's well-known 4 percent safe-spending rule and found that some retirees, perhaps many, can spend a lot higher on the hog. Simply raising the spending rate to 6 percent means you can spend 50 percent more.

Read the rest of the story at Austin American-Statesman