Outliving Your Income
Longevity, the risk of living a longer-than-expected life, is the greatest risk retirees will face.
The Retirement Income Planning Equation = Savings, Income, and Lifestyle
For many, the retirement equation appears complicated and overwhelming. Thankfully, at the most basic level, it comes down to just three relatively straightforward buckets: savings, income, and lifestyle.
The 4% rule can put your retirement at significant risk of running out of income
The 4% rule can put your retirement at significant risk of running out of income.
What Path Will You Take In Retirement?
In retirement, there are three general paths people take: those who spend too little; those who spend too much; and those who identify the optimal spend level.
Starting the retirement income conversation
It's important to think and talk about retirement income while you're accumulating retirement savings.