I'm 61 and planning to live off my portfolio until I turn 70 and can claim the maximum Social Security - is this too risky?
Briefly

from 24/7 Wall St.2 months ago
"Understanding your annual expenses in retirement is critical. With a planned lifestyle and goals in mind, calculating how much you need to withdraw becomes clearer."
24/7 Wall St.https://247wallst.com/personal-finance/2024/11/16/im-61-and-planning-to-live-off-my-portfolio-until-i-turn-70-and-can-claim-the-maximum-social-security-is-this-too-risky/
"The 4% rule serves as a guideline, allowing retirees to withdraw a sustainable amount from their investments throughout retirement, thereby alleviating financial pressure."
24/7 Wall St.https://247wallst.com/personal-finance/2024/11/16/im-61-and-planning-to-live-off-my-portfolio-until-i-turn-70-and-can-claim-the-maximum-social-security-is-this-too-risky/
Read at 24/7 Wall St.
#social-security #retirement-planning #4-rule #living-expenses #investment-portfolio
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