How Much Can I Safely Spend in Retirement?

Published: Oct. 6, 2020, 10 a.m.

Our topic on this episode of the Ready for Retirement podcast is the question \u201cHow much can I spend in retirement?\u201d Most people are concerned that they won\u2019t have enough money and they worry that they will outlive their money, but James outlines the traditional and newer thought processes on withdrawals amounts during this episode. While the traditional rule of thumb has been to withdraw 4% of your portfolio amount in the first year and then increase your withdrawals every year based on ...