Free Report
Why the 4% rule misses the impact of taxes.
A new way to calculate a sustainable withdrawal amount.
Why inflation does not impact all retirees equally.
How to incorporate outside income sources into your withdrawal plan.
Many retirees and advisors gravitate to simple rules of thumb, like the 4% rule, which says you can safely withdraw 4% of your portfolio each year, increase that withdrawal with inflation, and expect to have your income last for life.
Do such rules work?
Certainly they're useful when you're age 40 and planning for retirement 20 to 30 years away. But as you get closer to retirement, these rules can work against you.
This report shows you what to watch out for, and provides four practical tips on how to account for taxes, inflation, market returns and Social Security when you lay out your retirement income plan.
Dana Anspach, CFP®, RMA(SM) is the Founder and CEO of Sensible Money, LLC, a registered investment advisory firm which works with a national clientele, helping people prepare for and transition into retirement. She is also the author of Control Your Retirement Destiny (2nd Edition), and Social Security Sense.
She spent nine years as the MoneyOver55 and Retirement Decisions Expert for TheBalance.com and continues to write retirement-related content for MarketWatch.
Dana also serves on the Strategic Retirement Advisory Council (SRAC) for the Investments & Wealth Institute, working with them to promote and expand the reach and educational content of the Retirement Management Advisor® designation.
Hire Dana To SpeakDana is called on by leading News and Information outlets regularly to share her insight.
