3 ways to avoid outliving your nest egg
If you haven’t figured it out by now, you soon will: Building a nest egg is (relatively) easy; tapping that same nest egg in retirement so that it lasts as long as you do is the hard part. Three steps can help you achieve that goal. Most investors, when they begin trying to create a steady stream of income in later life, quickly come face-to-face with a host of unknowns: market returns, inflation, health-care costs and life expectancy, among others. Each of these factors makes it difficult to determine how much money you can safely withdraw from savings over a retirement…Read More
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