How to put a dynamic retirement spending strategy in place
Welcome to retirement at the beginning of the 21st century: People are living longer, return expectations are muted for the foreseeable future, and employer-funded pension plans are becoming a thing of the past. This is not your parents’ retirement.
One of the biggest challenges facing most of us is knowing how to spend safely in retirement. Spend too much and we risk outliving our savings; spend too little and we could miss out on many of the things we’ve worked and saved to enjoy.
Source: Colleen Jaconetti of Vanguard
My Comments: Came across this gem, could not pass it up. The comments are pretty insightful as well.