Decumulation 101: the basics of drawing down capital in retirement

About this item

Title

Decumulation 101: the basics of drawing down capital in retirement

Content partner

Victoria University of Wellington

Collection

Policy Quarterly

Description

Decumulation in the retirement income context is the using up of retirement savings by way of drawing out regular income – for example, a fixed amount each month. It’s the converse of accumulating retirement savings while in paid work by regularly putting money aside. And return on investment plays its part in both: in the accumulation phase it enhances the amount saved; in the decumulation phase it enhances the regular amount that can be paid out.

Format

Article

Date created

2014-08-01

Creator

Rashbrooke, Geoff

URL

https://doi.org/10.26686/pq.v10i3.4498

What is the copyright status of this item?

All Rights Reserved

This item is all rights reserved, which means you'll have to get permission from Victoria University of Wellington before using it.

More Information

Victoria University of Wellington has this to say about the rights status of this item:

All rights reserved

What can I do with this item?

You must always check with Victoria University of Wellington to confirm the specific terms of use, but this is our understanding:

Non-infringing use

NZ Copyright law does not prevent every use of a copyright work. You should consider what you can and cannot do with a copyright work.

No sharing

You may not copy and/or share this item with others without further permission. This includes posting it on your blog, using it in a presentation, or any other public use.

No modifying

You are not allowed to adapt or remix this item into any other works.

No commercial use

You may not use this item commercially.