{"id":6959,"date":"2022-04-25T02:55:42","date_gmt":"2022-04-24T18:55:42","guid":{"rendered":"https:\/\/www.mpfdiy.com\/?p=6959"},"modified":"2022-04-25T02:55:42","modified_gmt":"2022-04-24T18:55:42","slug":"%e5%8b%95%e6%85%8b%e9%80%80%e4%bc%91%e9%87%91%e6%8f%90%e5%8f%964-%e8%ad%b7%e6%ac%84%e8%aa%bf%e6%95%b4","status":"publish","type":"post","link":"https:\/\/www.mpfdiy.com\/2022\/04\/%e5%8b%95%e6%85%8b%e9%80%80%e4%bc%91%e9%87%91%e6%8f%90%e5%8f%964-%e8%ad%b7%e6%ac%84%e8%aa%bf%e6%95%b4\/","title":{"rendered":"\u52d5\u614b\u9000\u4f11\u91d1\u63d0\u53d6#4-\u8b77\u6b04\u8abf\u6574"},"content":{"rendered":"

\u52d5\u614b\u9000\u4f11\u91d1\u63d0\u53d6#4-\u8b77\u6b04\u8abf\u6574<\/strong><\/span><\/h2>\n

 <\/p>\n

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\u63a5\u4e0a\u6587<\/a><\/span><\/p>\n

 <\/p>\n

\u7b2c\u56db\u500b\u52d5\u614b\u9000\u4f11\u91d1\u63d0\u53d6\u7684\u65b9\u6cd5\u662f\u300c\u8b77\u6b04\u8abf\u6574\u300d\uff08Guardrails method\uff09<\/strong>\u3002<\/span><\/p>\n

 <\/p>\n

\u9019\u500b\u300c\u8b77\u6b04\u8abf\u6574\u300d<\/strong>\u65b9\u6cd5\u6709\u9ede\u50cf\u4ee5\u524d\u6709\u4ecb\u7d39\u904e\u7684\u4e0a\u4e0b\u9650\u65b9\u6cd5(\u898b\u524d\u6587<\/a>)\uff0c\u300c\u8b77\u6b04\u8abf\u6574\u300d\u662f\u5e0c\u671b\u9000\u4f11\u91d1\u8cc7\u7522\u8cfa\u9322\u6642\u53ef\u4ee5\u63d0\u53d6\u591a\u4e00\u4e9b<\/strong>\uff0c\u800c\u7576\u9000\u4f11\u91d1\u8cc7\u7522\u8755\u9322\u6642\u5247\u63d0\u53d6\u5c11\u4e00\u4e9b<\/strong>\u3002<\/span><\/p>\n

 <\/p>\n

\"<\/a><\/p>\n

 <\/p>\n

\u4e0a\u5716\u53d6\u81ea\u300c\u8b77\u6b04\u8abf\u6574\u300d\u7684\u539f\u6587\uff02Decision Rules and Maximum Initial Withdrawal Rates<\/a>\uff02\uff0c\u7576\u9000\u4f11\u91d1\u8cc7\u7522\u8cfa\u9322\u6642\uff0c\u9000\u4f11\u91d1\u8cc7\u7522\u4e0a\u5347\uff0c\u6703\u8da8\u5411\u7da0\u8272\u7dda<\/span><\/strong>\uff0c\u9019\u6642 “\u63d0\u53d6\u91d1\u984d\uff0f\u9000\u4f11\u91d1\u8cc7\u7522 \uff1d \u63d0\u53d6\u7387<\/strong> withdrawal (WD) rate\uff02\u6703\u4e0b\u964d\uff1b\u5982\u679c\u9000\u4f11\u91d1\u8cc7\u7522\u56e0\u8cfa\u9322\u800c\u5927\u5e45\u4e0a\u5347\uff0c\u63d0\u53d6\u7387 WD rate\u5927\u5e45\u4e0b\u964d\u81f3\u4f4e\u65bc\u521d\u59cb\u63d0\u53d6\u7387( initial WD rate) \u768420%\uff0c\u4fbf\u5c07\u7576\u5e74\u63d0\u53d6\u91d1\u984d\u589e\u52a010%\u3002<\/span><\/p>\n

 <\/p>\n

\u7528\u4f8b\u5b50\u8aaa\u660e\u6703\u8f03\u597d: \u4f8b\u5982\u521d\u59cb\u63d0\u53d6\u7387( initial WD rate)\u70ba4%\uff0c\u9000\u4f11\u91d1\u6709500\u842c\u5143\uff0c\u521d\u59cb\u63d0\u53d6\u91d1\u984d\u4fbf\u662f500 x 4% = 20\u842c\u5143\uff0c\u8a08\u5165\u901a\u8139\uff15\uff05\uff0c\u4e0b\u5e74\u63d0\u53d6\u91d1\u984d\u4fbf\u662f20\u842c\u5143 x \uff08\uff11\uff0b\uff15%\uff09 \uff1d 21\u842c\u5143\u3002\u5982\u679c\u4e0a\u5e74\u9000\u4f11\u91d1\u56e0\u8cfa\u9322<\/strong>\u800c\u4e0a\u5347\u81f3700\u842c\u5143\uff0c\u4f86\u5e74\u63d0\u53d6\u7387\uff1d21\/700 = 3% \uff0c\u6bd4\u8d77\u521d\u59cb\u63d0\u53d6\u73874%\u4f4e \uff081-3%\/4% = ) 25%\uff0c\u4f4e\u65bc\u8a2d\u5b9a\u768420%\uff0c\u65bc\u662f\u53ef\u4ee5\u4f86\u5e74\u63d0\u53d6\u91d1\u984d\u4fbf\u589e\u52a010%\uff0c\u6210\u70ba21\u842c\u5143 x \uff08\uff11\uff0b\uff11\uff10%\uff09 \uff1d23.1\u842c\u5143\u3002\u518d\u4e0b\u4e00\u5e74\u4fbf\u4ee523.1\u842c\u5143\u70ba\u57fa\u6578\uff0c\u518d\u52a0\u4e0a\u901a\u8139\u53ca\u9000\u4f11\u91d1\u8cc7\u7522\u6295\u8cc7\u56de\u5831\u4f5c\u8003\u616e\u3002<\/span><\/p>\n

 <\/p>\n

\u76f8\u53cd\uff0c\u9000\u4f11\u91d1\u8cc7\u7522\u8755\u9322<\/strong>\u7684\u8a71\uff0c\u9000\u4f11\u91d1\u8cc7\u7522\u4e0b\u8dcc\uff0c\u6703\u8da8\u5411\u4e0a\u5716\u6a59\u8272\u7dda<\/strong><\/span>\uff0c\u4fbf\u76f8\u53cd\u64cd\u4f5c\u3002<\/span><\/p>\n

 <\/p>\n

\u4f8b\u5982\u4e4b\u5f8c\u9000\u4f11\u91d1\u8cc7\u7522\u4e0b\u8dcc\u81f3400\u842c\u5143\uff0c\u539f\u672c\u4f86\u5e74\u7684\u63d0\u53d6\u91d1\u984d\u662f\u4e0a\u5e74\u91d1\u984d\u52a0\u901a\u8139\uff0c\u537323.1\u842c\u5143 x \uff08\uff11\uff0b\uff15%\uff09 \uff1d24.3\u842c\u5143\uff1b\u4f46\u56e0\u70ba\u6b64\u63d0\u53d6\u7387\uff1d24.3\/400 = 6.1%\u9ad8\u65bc\u521d\u59cb\u63d0\u53d6\u73874%\u768420%\uff0c\u53736.1%\u9ad8\u65bc4.8%\uff0c\u6240\u4ee5\u4f86\u5e74\u7684\u63d0\u53d6\u91d1\u984d\u8981\u6e1b\u5c1110%\uff0c\u6210\u70ba24.3\u842c\u5143 x \uff08\uff11-\uff11\uff10%\uff09 \uff1d 21.87\u842c\u5143\u3002<\/span><\/p>\n

 <\/p>\n

 <\/p>\n

\u6b64\u300c\u8b77\u6b04\u8abf\u6574\u300d\u9084\u6709\u4e00\u500b\u8a2d\u5b9a\uff0c\u5c31\u662f\u6700\u5f8c15\u5e74\u4e0d\u7528\u7684\u589e\u6e1b10%\uff0c\u5373\u662f\u5047\u5982\u6709100\u6b72\u547d\u7684\u8a71 \uff0c85\u6b72\u5f8c\u4fbf\u4e0d\u7528\u8a08\u7b97\u589e\u6e1b10%\u3002<\/span><\/p>\n

 <\/p>\n

\n

 <\/p>\n

 <\/p>\n

\u300c\u8b77\u6b04\u8abf\u6574\u300d\u7684\u7f3a\u9ede<\/span><\/strong><\/span><\/p>\n

 <\/p>\n

\u5f88\u660e\u986f\uff0c\u8a08\u7b97\u5341\u5206\u9ebb\u7169\uff0c\u7b46\u8005\u90fd\u8981\u82b1\u6642\u9593\u53bb\u7406\u89e3\u53ca\u7c21\u5316\uff0c\u624d\u80fd\u5beb\u51fa\u4e0a\u4e00\u6bb5\u6587\u5b57\u3002\u53c8\u521d\u59cb\u63d0\u53d6\u7387\uff0c\u53c820%\u53c810%\uff0c\u53c8\u8981\u4f30\u8a08\u6700\u5c3e15\u5e74\uff0c\u8001\u4eba\u5bb6\u5514\u77e5\u81ea\u5df1\u8a08\u7dca\u5572\u54a9\uff0c\u5012\u4e0d\u5982\u50cf\u524d\u6587<\/a>Vanguard \u52a0\u4e0a\u4e0b\u9650\u4fbf\u7b97\u3002<\/span><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

\u300c\u8b77\u6b04\u8abf\u6574\u300d\u7684\u512a\u9ede<\/span><\/strong><\/span><\/p>\n

 <\/p>\n

\u53ef\u4ee5\u63d0\u5347\u63d0\u53d6\u7387\uff0c\u898b\u4e0b\uff0c\u53c8\u4e0d\u6703\u7528\u6e05\u5149\u9000\u4f11\u91d1\u3002<\/span><\/p>\n

 <\/p>\n

\"<\/a><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

\"<\/a><\/p>\n

 <\/p>\n

\n

 <\/p>\n

\u7e3d\u7d50<\/strong><\/span><\/p>\n

 <\/p>\n

\u5176\u5be6\u7528\u9019\u4e9b\u52d5\u614b\u63d0\u53d6\u65b9\u6cd5\uff0c\u65bcSAA 50\u80a1:50\u50b5\u7684\u9000\u4f11\u91d1\u8cc7\u7522\uff0c\u63d0\u53d6\u7387\u90fd\u662f\u5927\u6982\u70ba4%\u3002<\/span>\u5012\u4e0d\u5982\u9000\u4f11\u6642\u7528TAA\u53bb\u63d0\u5347\u9000\u4f11\u91d1\u8cc7\u7522\u7684\u56de\u5831\u540c\u6642\u964d\u4f4e\u6ce2\u5e45\uff0c\u63d0\u53d6\u7387\u96a8\u6642\u53ef\u4ee5\u4e0a\u5347\u4e00\u500d\u3002<\/span><\/p>\n

 <\/p>\n

 <\/p>\n

\"<\/a><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

\u52d5\u614b\u9000\u4f11\u91d1\u63d0\u53d6#4-\u8b77\u6b04\u8abf\u6574     \u63a5\u4e0a\u6587   \u7b2c\u56db\u500b\u52d5\u614b\u9000\u4f11\u91d1\u63d0\u53d6\u7684\u65b9\u6cd5\u662f\u300c…<\/p>\n","protected":false},"author":1,"featured_media":6961,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[69],"tags":[39,22,48,7,40,23,27,50],"class_list":["post-6959","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-69","tag-buy-hold","tag-22","tag-48","tag-7","tag-40","tag-23","tag-27","tag-50"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.mpfdiy.com\/wp-content\/uploads\/2022\/03\/morningstar-retirement-GR1.jpg?fit=1200%2C664&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7Tc20-1Of","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/posts\/6959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/comments?post=6959"}],"version-history":[{"count":2,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/posts\/6959\/revisions"}],"predecessor-version":[{"id":7000,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/posts\/6959\/revisions\/7000"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/media\/6961"}],"wp:attachment":[{"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/media?parent=6959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/categories?post=6959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/tags?post=6959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}