Money’s No Object with Dylan Howell- Podcast

RETIREMENT WITHDRAWAL RATES: Don't Run Out Of Money In Retirement - MNO EPISODE 123


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When closing in on retirement, we all want to make sure that we can live on the amount of money that we have saved/invested at that time. One of the biggest determining factors in not outliving your money is the idea of the withdrawal rate. We have to be reasonable with the percentage of our total assets that we choose to live off of in retirement. Too much, and your nest egg could start moving in the wrong direction, and it may become harder to make your money last for the long haul. Today's discussion of the withdrawal rate will help you to make the best decisions possible and understand how this one metric can swing your retirement lifestyle one way or the other. We will discuss:
1. What a withdrawal rate is
2. The importance of investment returns when setting a withdrawal rate
3. How the amount of our nest egg impacts our withdrawal rate choice
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Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in tomorrow as I talk about investing in bonds in your retirement accounts and if that will benefit you over the long-term or not. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!
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(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)
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Money’s No Object with Dylan Howell- PodcastBy mnowithdylan