How do you go about turning your retirement savings into retirement income? In today’s article, the author examines a number of retirement income strategies – and the pros and cons of each. Is the traditional approach – the 4% “safe” withdrawal rate – still safe? Does the proposed 7% “optimal” withdrawal rate have merit? What strategy “provides the highest income stream without the risks of high withdrawal rates” – and what strategy has been singled out as the “ideal plan”? CLICK HERE.
Unsafe, Safe, Optimal or Ideal: Assessing Retirement Income Strategies
- by Bob Mitchell