In day two of our special report on retirement readiness, Christine Benz examines safe withdrawal rates and cash flow and account sequencing systems.
Asset allocation, time horizons, and taxes can complicate withdrawal-rate planning.
The precisely right withdrawal rate is elusive, but taking these steps can keep yours on track.
Living off of current yields is just one way to extract the cash flow you need.
With mortality improvements, investors planning for a long retirement should consider an annuity, delaying Social Security, and being more aggressive with their portfolio.
Use our template to document your retirement assets, strategy, and spending system.