When it comes to converting retirement savings into lifetime retirement income, many retirees and advisers follow the 4 percent rule: withdraw 4% of savings in the first year of retirement and increase it by inflation each year to maintain purchasing power (although, given today’s low yields and expected returns, some are reducing that initial draw…
source https://soutas.com/annuities-or-portfolio-withdrawals-which-produces-more-retirement-income/?utm_source=rss&utm_medium=rss&utm_campaign=annuities-or-portfolio-withdrawals-which-produces-more-retirement-income
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