How much can I take?

How much can I take? – How retirees determine a safe withdrawal rate is one of the most frequent questions clients ask their financial advisors. Chris Boyd, Jeff Perry, and Russ Ball review a recent Morningstar article (see link below). The conversation includes the pros and cons of relying on the standard rate of 4% as well as the risks of using stagnant rules in financial planning. Jeff raises the concept of cash flows as suggested by the “Retirement Smile” concept and Chris highlights the need for determining an annual withdrawal amount in the context of a comprehensive financial plan.

https://www.morningstar.com/retirement/how-retirees-can-determine-safe-withdrawal- rate-2025

For more information or to reach Chris Boyd, Russ Ball or Jeff Perry, click the following link: https://www.wealthenhancement.com/s/advisor-teams/amr