Predictability and certainty can go a long way when it comes to managing your money. What about those of us who live off a variable or unpredictable income stream though? (I’m talking to you ...

Many retirees follow a 4% withdrawal rule. Essentially, they withdraw 4% of their portfolio each year to cover expenses and hope that the portfolio appreciates by more than 4% in the same year.

JPST’s jagged chart reflects monthly dividend payouts creating ex-dividend price drops, not actual volatility. The fund holds $35.4B in ultra-short investment-grade debt with a 0.18% expense ratio.