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One of the tricks to making your nest egg last is to withdraw enough money to enjoy yourself, but not so much that you run out. So, how do you come up with the right number? We share a few withdrawal strategies to consider.
Then, in October 187,000 people with Fidelity retirement accounts opened their quarterly statements to find that they were 401(k) “millionaires.” Unfortunately, nearly a third (29%) of those same people opened their most recent statements to find that their balance has dropped below the million-dollar mark. Is that what we have to look forward to in retirement – a nest egg that bounces up-and-down to the whims of the market?
After that, we share our thoughts on trying to minimize taxes in retirement.
Then, we get a physical once a year and we go to the dentist twice a year, but what about your retirement plan? Does that need regular check-ups, too?
That and more on this week's episode of the Retirement Solutions Show with the guys at Oakmont.
By Oakmont Advisory4.3
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One of the tricks to making your nest egg last is to withdraw enough money to enjoy yourself, but not so much that you run out. So, how do you come up with the right number? We share a few withdrawal strategies to consider.
Then, in October 187,000 people with Fidelity retirement accounts opened their quarterly statements to find that they were 401(k) “millionaires.” Unfortunately, nearly a third (29%) of those same people opened their most recent statements to find that their balance has dropped below the million-dollar mark. Is that what we have to look forward to in retirement – a nest egg that bounces up-and-down to the whims of the market?
After that, we share our thoughts on trying to minimize taxes in retirement.
Then, we get a physical once a year and we go to the dentist twice a year, but what about your retirement plan? Does that need regular check-ups, too?
That and more on this week's episode of the Retirement Solutions Show with the guys at Oakmont.