Doug Goldstein, CFP®, director of Profile Investment Services Ltd., and Professor of Retirement Income Dr. Wade Pfau, CFA© discuss different retirement planning tools. Wade explains how reverse mortgages can be a source of income during retirement. He also shares other retirement planning tools, such as “time segmentation strategy” and the “bucket strategy.”

It’s okay to use some of your portfolio’s principal


Can retirees leave their principal intact and only live off interest? In today’s low-interest rate environment, this may be nearly impossible. So how can retirees know how much they can safely withdraw?

Doug promotes the use of Monte Carlo simulations to help quantify what might happen with your investments in the future. He explains what these simulations can and cannot do, are and why they are helpful in determining the amount of principal to withdraw.


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Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm specializing in working with Americans living in Israel who have investment accounts in America. He is a licensed financial professional both in the U.S. and Israel. Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, FSI. Accounts held at Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. Neither Profile nor PRG gives tax or legal advice. Before immigrating to Israel, it is advisable to consult with a tax attorney who is knowledgeable about Israeli law. Contact at [email protected]