How Much Can I Spend In Retirement? Is The 4% Rule Still Relevant?
- Author
- Nicholas Olesen
- Published
- Wed 01 Dec 2021
- Episode Link
- https://kathmere.libsyn.com/how-much-can-i-spend-in-retirement-is-the-4-rule-still-relevant
In today's episode Nicholas Olesen, CFP®, CPWA® shares how we help clients answer this simple, but very important question about retirement income planning and spending. He also takes a step into the highly debated 4% withdrawal rule and why it may not be right.
As most people plan for and dream about retirement, until you are on the verge of stepping into retirement, many people don't figure out how the logistics and strategy to replace their income. During today's 15 minute podcast, Nicholas talks through the three big questions that everyone should think about when planning their retirement income and portfolio.
A few topics covered are:
- Income vs withdrawals
- The 4% withdrawal rule was not meant to be 4% forever and for everyone
- Two types of risk to retirement portfolios
- The three questions you have to answer to know how much you can spend in retirement
You can find a transcript of today’s show by visiting: http://bit.ly/KCM-BLOG
Please send us feedback or topics/questions you would like us to cover or if you would like to talk about your personal situation. Email us at: [email protected]
