Crafting Retirement Income that is Stable, Secure, and Sustainable

Journal of Financial Planning, 2017

3 Pages Posted: 6 Nov 2019

See all articles by Jason Branning

Jason Branning

Modern Retirement Theory

M. Ray Grubbs

affiliation not provided to SSRN

Date Written: December 1, 2017

Abstract

In retirement planning, advisors should consider a logical, definitional based framework as convictional where empirical, evidence-based information is not available or is unclear. This paper presents a 3-S model framework for retirement income. The 3-S model seeks retirement income that is simultaneously stable, secure, and sustainable.

Categorizing income sources for retirement as Agreement-based (Time Bound 3-S), Mortality-based (Risk Pooled 3-S), or Historically based portfolio income (Probabilistic 3-S). This paper asserts that any of these three categories is definitionally capable of offering stable, secure, and sustainable retirement income.

Keywords: Retirement Planning, Personal Finance, Safe Withdrawal

Suggested Citation

Branning, Jason and Grubbs, Michael, Crafting Retirement Income that is Stable, Secure, and Sustainable (December 1, 2017). Journal of Financial Planning, 2017, Available at SSRN: https://ssrn.com/abstract=3419241

Jason Branning (Contact Author)

Modern Retirement Theory ( email )

P.O. Box 2908
Ridgeland, MS 39158
United States

HOME PAGE: http://www.modernretirementtheory.com

Michael Grubbs

affiliation not provided to SSRN

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