Month: November 2021

Preparing For a Reduction

Prepare to Live on $33,000 a Year If You Retire With a $1 Million Portfolio

A recent article tells us “People retiring in the next few decades should only count on withdrawing 3.3% of their savings a year, down from the well-established number of 4%” according to a recent report by Morningstar. Inc.  The withdrawal rate refers to how much a retiree can “safely” withdraw from their savings each year …

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