WHEN you retire, how much can you safely withdraw from your kitty to ensure your savings last as long as possible?
A financial adviser can easily model the future value of your portfolio and map your withdrawals in just a couple of clicks, plus advise you to adjust your asset allocation as you approach retirement.
But for do-it-yourself investors, continuing to invest, rebalance periodically, and later, withdraw for expenses in retirement can be tricky.
Enter DBS’ new DBS Retirement digiPortfolio, launched in partnership with JP Morgan Asset Management (JPMAM). The digiPortfolio will sit inside DBS’ digital banking app, which has an AI-powered financial planning capability under its “plan”...