Afraid of Running Out of Retirement Money? - CNN Business
Well, unless you’re really wealthy, you probably do worry, at least somewhat, about whether your current nest egg will last for the rest of your life. Ask almost any Financial Advisor how to prevent you from running out of money in retirement and they will, of course, offer you investment strategies to keep your portfolio growing. But they’ll also surely suggest a retirement withdrawal strategy to prevent that from happening. Both of which are good but, even among financial planners, there are differences of opinion on which is the best nest egg withdrawal methodology. This CNN Business article by Jeanne Sahadi discusses several well known and popular withdrawal strategies, concluding that an even modest approach than usual is probably prudent in these inflationary times. Click here to read more.