Retirement Investing

Pension

Definition

What is Pension?

Income or assets set aside to support a person after retirement.

Example in practice

The worker receives periodic pension benefits after leaving employment.

Keep learning

Annual portfolio withdrawals divided by the portfolio's starting or current value.

An estimated withdrawal rate intended to support spending over a long retirement under stated assumptions.

The risk that poor returns early in a withdrawal period cause lasting portfolio damage.

The property, investments, rights, and obligations left by a person at death.

Think you know your investing terms?

Put your knowledge to the test with a quick quiz.