I just retired at age 61 and left my $145,000 salary - how much can I pull from my nest egg every year without the fear of running out of money?
Briefly

from 24/7 Wall St.4 days ago
The fear of running out of money in retirement can haunt retirees, making it crucial to engage in strategic financial planning. This anxiety is prevalent even among high net worth individuals, as unexpected expenses or market downturns can disrupt retirement plans. To safeguard their financial future, it is advised that retirees work with a registered financial planner. A conservative approach to withdrawal rates and investment risk can provide necessary financial protection, especially in volatile markets, helping retirees avoid the distress of returning to work due to dwindling funds.
Running out of money in retirement is a top fear for retirees, reinforcing the importance of careful financial planning and conservative investment strategies.
24/7 Wall St.https://247wallst.com/personal-finance/2025/03/07/i-just-retired-at-age-61-and-left-my-145000-salary-how-much-can-i-pull-from-my-nest-egg-every-year-without-the-fear-of-running-out-of-money/
Retirees should err on the side of caution and consult a registered financial planner to ensure sustainability of their retirement funds.
24/7 Wall St.https://247wallst.com/personal-finance/2025/03/07/i-just-retired-at-age-61-and-left-my-145000-salary-how-much-can-i-pull-from-my-nest-egg-every-year-without-the-fear-of-running-out-of-money/
Read at 24/7 Wall St.
#retirement-planning #financial-security #investment-strategies #risk-management #financial-advisors
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