For decades, retirees have leaned on the 4% withdrawal rule as a simple way to turn a nest egg into a paycheck. The idea sounds reassuring: take 4% in year one, adjust for inflation, and your savings ...
In our recent annual study on safe withdrawal rates, my colleagues Christine Benz, John Rekenthaler, and I found that retirees who want to maintain a consistent spending amount adjusted for inflation ...
Use your 401k and IRA as lifetime retirement income generators. . If you’re approaching retirement or have just recently retired, a mission-critical task is using your 401(k), 403(b), 457, IRAs and ...