“What’s sort of beaten into our heads is, save, save, save…It really doesn’t occur to most people, until they get a few months out from retirement, to go, ‘How do I take what I’ve saved and turn it into income?'” Today’s article examines the issue of how best to go about spending down one’s retirement assets, in light of a report finding that “nearly two-thirds of savers approaching retirement don’t have a strategy for which assets to tap first….” What expensive consequences might result from failing to plan properly? What factors should influence your spending strategy? What’s the “golden era” where “you have the most control over your taxes”? CLICK HERE to read more.
Save, Save, Save! …Then What?
- by Bob Mitchell