If you're simply asking the question about what correct withdrawal rate for your retirement is - you're likely not the type of person who is going to run out of money.

That's the message shared by Jordan Grumet of The Purpose Code. He says "The simple act of asking, "Should I spend 3.2%, 4%, or 5%?" reveals something telling: You've done the work. You've built the nest egg. You understand the mechanics. You're in the game."

More about his article and the data behind it is shared in today's episode.

We also answer a listener question about how to spend at their calculated rate without worrying, and wrap it up with a great "Retire To Something" segment.

Resource:
Article by Jordan Grummet at The Purpose Code: Why You're Wasting Time Worrying About Safe Withdrawal Rates

 

 

Connect with Benjamin Brandt:

Get the book!
Retirement Starts Today: Your Non-financial Guide to an Even Better Retirement

Follow Retirement Starts Today in:
Apple Podcasts, Spotify, Overcast, Pocket Casts, Amazon Music, or iHeart

 

Podden och tillhörande omslagsbild på den här sidan tillhör Benjamin Brandt CFP®, RICP®. Innehållet i podden är skapat av Benjamin Brandt CFP®, RICP® och inte av, eller tillsammans med, Poddtoppen.