Saving for retirement is hard enough but now comes the real test: how to spend the money to provide maximum enjoyment without living too long and running out of money. Andrea Coombes, writing for NerdWallet, review the most popular strategies:- The 4% Rule (really a guideline)
- Dynamic Withdrawals
- The Bucket Strategy
Keep in mind that an immediate life annuity will insure against running out of money before your run out of breath. Check out my posts on annuities.
Read Andrea's article: https://www.nerdwallet.com/blog/investing/retirement-withdrawal-strategies-which-should-you-use/
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