Even with the generally recognized “safe” withdrawal amount of 4% of the retirement portfolio starting balance, more than 5% of retirement portfolios will run out of money over a 30-year period. Bootstrap simulations were used to estimate the probability of outliving a retirement portfolio...

The Rule of 72, a staple in financial circles for estimating the amount of time required for an investment to double in value, is shown to be quite inaccurate at today's high rates of return. The derivation of the Rule of 72 provides insight into how the rule can be improved. A new rule of...

The Rule of 72, a staple in financial circles for estimating the amount of time required for an investment to double in value, is shown to be quite inaccurate at today's high rates of return. The derivation of the Rule of 72 provides insight into how the rule can be improved. A new rule of...

This article examines three major categories of issues facing corporate real estate executives in the future, as determined by a Delphi process survey conducted by the authors. We present areas of agreement and disagreement among the corporate executives surveyed, and distill the results of the...