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Praise for A RICHER RETIREMENT Bill Bengen has delivered a tour de force of retirement planning. Although written for retail clients, financial advisors and other professionals will benefit from his analysis of the most difficult problem facing retirement planners: how to make one's 'nest egg' last a lifetime. Bengen has quantified the elements and risks underlying how much retirees can spend over a 30-year (or sometimes longer) retirement horizon. -ROBERT HUEBSCHER, Founder of Advisor Perspectives, and former Vice Chairman, VettaFi and the Toronto Stock Exchange No other researcher has explored so deeply how to navigate the complexities of safely taking income out of a retirement portfolio or explained it so clearly that even a novice investor can understand the how and why. -BOB VERES, Owner, Inside Information How much retirees can reasonably spend in retirement is the hardest problem in financial planning, and no one has studied it for as long and with as much rigor as William Bengen. A Richer Retirement builds upon his seminal research with the goal of helping retirees maximize their incomes and live their best lives. Chock-full of data and astute observations, it's a tremendous resource for both retirees and their financial advisors. -CHRISTINE BENZ, Director of Personal Finance and Retirement Planning, Morningstar Bill Bengen introduced the field of retirement income planning to financial professionals and academics. This book provides a deeper dive into the factors that influence how much a retiree can safely withdraw from investments to create a lifestyle. How should a retiree deal with investment risk, inflation, the high price of stocks, and longer lifespans? In a style that is both comprehensive and a delight to read, Bill demystifies investing and spending for today's retiree. -MICHAEL FINKE, Professor and Expert in Retirement Investing, Income Planning, and Life Satisfaction For the past thirty years, William Bengen's sustainable spending research has served as the heart and soul of the 'Total Return' retirement income style. A Richer Retirement documents all he has learned and pushes the analysis forward with new techniques for maximizing the spending power of your retirement investments. -WADE PFAU, PhD, CFA, RICP, Author of Retirement Planning Guidebook: Navigating the Important Decisions for Retirement Success Bengen delivers a well-researched, rigorous, and readable book that clearly presents the methodology and assumptions required to develop a safe withdrawal rate while providing valuable insights into the risks of withdrawal strategies in retirement. Importantly he shows how to manage the strategy throughout retirement. -LARRY SWEDROE, Author of 18 books on investing, including Enrich Your Future