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Top related persons:
Colin Gerrety - 2 TIAA - 1 Benjamin Goodman - 1 Goodman - 1 Blanchett - 1 Morningstar - 1 Shohei Ohtani - 1 Mookie Betts - 1
Top related locs:
Corner , Virginia Los Angeles , California Vienna , Virginia Charlotte , North Carolina L.A
Top related orgs:
Wealth - 2 Istock - 1 Getty - 1 Social Security - 1 TIAA Institute - 1 Inflation Protection Securities - 1 Security - 1 Los Angeles Dodgers - 1

Search resuls for: "Colin Gerrety"


2 mentions found


☆ Is it time to rethink the 4% retirement withdrawal rule? Experts weigh in
  + stars: | 2024-05-13 | by ( Lorie Konish | ) www.cnbc.com   time to read: +3 min
TIAA has launched a new metric to show why the 4% rule combined with an annuity can provide a higher amount of income than just using the 4% rule alone. For example, if a retiree has $1 million in total savings, the 4% rule would provide them with $40,000 in their first year of retirement. That is based on the combined income of the annuity and a 4% withdrawal on the remaining $666,667 portfolio. The first-year withdrawal of the annuity strategy — $52,667 versus $40,000 — is 32% higher and $1,056 more per month than just using the 4% rule. When withdrawal rates may be higherThe 4% rule has its blind spots when applied to today's retirees, according to recent research from Blanchett.
Persons: TIAA, Benjamin Goodman, Colin Gerrety, Goodman, Blanchett, Morningstar Organizations: Istock, Getty, Social Security, TIAA Institute, Wealth, Inflation Protection Securities, Security Locations: Corner , Virginia
☆ Shohei Ohtani’s $700M Dodgers contract is huge — but its actual value is much lower
  + stars: | 2023-12-15 | by ( David K. Li | Kate Dore | ) www.cnbc.com   time to read: +4 min
Japanese baseball player Shohei Ohtani attends a press conference on his presentation after signing a 10-year deal with the Los Angeles Dodgers at Dodgers Stadium in Los Angeles, California, on Dec. 14, 2023. At first glance, Shohei Ohtani's $700 million, 10-year deal with the Los Angeles Dodgers is nothing short of a Ruthian blockbuster, topping all other free agent pacts. The deal was originally reported as a $700 million, 10-year deal, which drastically tops all previous MLB contracts in terms of total compensation and average annual value. And on the other side of the spectrum, annual inflation was consistently less than 2% for much of the 2010s. For him, the decision to sign the deal with the Dodgers had more to do with earning things on the field than off.
Persons: Shohei Ohtani, Colin Gerrety, Mookie Betts, Freddie Freeman, Chavez, we've, Christopher Woods, Woods, he's, It's, I'm, Ohtani, David K, Li Organizations: Los Angeles Dodgers, Dodgers, NBC, Wealth, Los Angeles Angels, MLB, The Dodgers, Star, Silvis, Labor Department, Federal Reserve Locations: Los Angeles , California, Vienna , Virginia, Charlotte , North Carolina, L.A
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