decumulation
Depleting stored assets
Decumulation is the process of drawing down accumulated assets, especially retirement savings.
Where accumulation builds wealth over a working lifetime, decumulation is the reverse—spending it strategically in retirement: The challenge of decumulation is making your money last.
Financial advisors distinguish accumulation-phase clients from those in decumulation.
Reduction over time
- disbursementDistribution of funds
- payoutMoney distributed to recipient
- liquidationSelling assets for cash
- distributionAllocation across recipients
redemption · cashout · outflow · installment
Gradual wearing away
- exhaustionState of utter depletion
- consumptionUsing up of resources
- diminishmentProcess of becoming smaller
- reductionMaking something smaller
drainage · drawdown · dissipation · depreciation · attrition
Retiree's ongoing benefit
- annuityPeriodic fixed payment
- drawdownReduction over time
- 401kEmployer-sponsored retirement savings
- IRATax-advantaged retirement fund
superannuation · retiree · pensioner · longevity · senior · benefits
Owned items of value
- diversificationExpanding into varied areas
- equitiesOwnership stakes in corporations
- bondsTies that unite
- fundsAvailable financial resources
stocks · allocation · rebalancing · yield · return · annuitization
drawdown
Reduction over time
- disbursementDistribution of funds
- payoutMoney distributed to recipient
- liquidationSelling assets for cash
distribution · redemption · cashout · outflow · installment
erosion
Gradual wearing away
- exhaustionState of utter depletion
- consumptionUsing up of resources
- diminishmentProcess of becoming smaller
reduction · drainage · drawdown · dissipation · depreciation · attrition
pension
Retiree's ongoing benefit
IRA · superannuation · retiree · pensioner · longevity · senior · benefits
assets
Owned items of value
- diversificationExpanding into varied areas
- equitiesOwnership stakes in corporations
- bondsTies that unite
funds · stocks · allocation · rebalancing · yield · return · annuitization
decumulationaccumulation
Collected mass over time
wealth building · saving · wealth accumulation · investment growth · compounding
decumulationaccumulation
Collected mass over time
accretion · buildup · aggregation · amassment · growth
accumulate, accumulation, accumulated, cumulative, accumulating, cumulus, accumulates, cumulate, accumulator