Definition, Meaning & Synonyms
decumulation
noun
/ˌdɛk.jʊˈmeɪ.ʃən/
Definition
The process of gradually removing or decreasing something, especially in a systematic or documented manner.
Examples
- After years of saving, the decumulation of her retirement funds began when she started withdrawing money for her living expenses.
- The decumulation phase of an investment strategy is crucial for ensuring a stable income during retirement.
- Decumulation planning should take into account the individual’s life expectancy and spending needs.
Meaning
Decumulation refers to the phase or act of withdrawing or depleting resources or assets that have been accumulated over time, often related to financial planning and resource management.
Synonyms
- Withdrawal
- Disbursement
- Depletion
- Expenditure