Guide on a pathA plan to produceretirement income “in virtually any IRA or 401(k) plan” is thesubject of a new study from the Stanford Center on Longevity andthe Society of Actuaries, “Viability of the Spend Safely in RetirementStrategy.”

The strategy, a plan design innovation that defined-contributionplan sponsors can adopt to help older workers decide such things aswhen to retire, how to get access to theirretirement savings once they have and how much it's safe to spendonce they've left the day job behind, is a retirement income menuthat complements the investment menu they should already befamiliar with.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.