Withdrawal Rules: Squeezing More From Your Retirement Portfolio
by Jonathan Guyton
A critical question most retirees struggle to answer is: How much income can I safely withdraw from my investment portfolio each year?
The question is critical because an income variation of just a few hundred dollars each month can obviously have a big impact on your quality of life, affecting in particular your discretionary income available for travel, hobbies, and entertainment, not to mention activities with family and friends.
In this article
- What Is Safe?
- A Matter of Timing
- Previous Answers
- Common Misconceptions
- Portfolio Management Rules
- Different Desired Outcomes
- Withdrawal Decision Rules
- Modified Rules for Inflation
- Conclusion
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The dilemma is this:
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