from24/7 Wall St.
2 weeks agoMonthly Income vs Annual Withdrawals. Which Strategy Lasts Longer?
When it comes to making your retirement savings last, there are two fundamentally different approaches you can take. The first is the more traditional strategy, which focuses on an annual withdrawal, likely around the popular 4% theory. The hope is that by doing so, you'll be able to pull out just enough to live while also having enough money to last for another 30 years.
Retirement