Friday, September 5, 2014

The Top 10 Retirement Challenges: #5. Withdrawal Strategy


Withdrawal StrategyOften it's very difficult to move from a lifetime of spending what comes in to drawing down on a portfolio. Coming up with an amount to keep in cash reserve -- and maintaining it -- is critical.

Many people might find 3 bucket strategy helps them compartmentalize what they are spending in order to avoid stress over market fluctuations.

Managing the tax impact of withdrawals and understanding how each piece of income is taxed is essential.


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