Manage episode 514730108 series 3688180
One of the most common questions we hear from retirees is, "How much income can I safely take from my portfolio?". It sounds simple - but it's one of the most difficult questions to answer in retirement planning. If you withdraw too much, you risk running out of money before you run out of life; if you take too little, you might live well below your means and miss out on experiences such as travel or special moments with family that you could easily afford.
The truth is, a good life in retirement doesn't depend on how big your nest egg is, but on how much reliable income that nest egg can produce for the rest of your life. Listen in.
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417 episodes