The age you choose to retire, how you begin drawing income, and how you manage portfolio risk have the most impact on your ...

The survey reports that just 48 percent of retirees have a formal strategy for drawing down their retirement savings. Of those individuals, ...

It's question No. 1 for most retirees when it comes to retirement savings: How much income can I get from my portfolio? These four strategies can give you the answer.

Advice on saving for retirement is a lot more abundant than advice on how to draw down the money you salt away. The good news, said Ward, is that that is starting to change.

What follows is a basic guide to drawing down your savings in retirement. •Use the “4% rule” as a benchmark. The 4% rule, based on early-1990s research, holds that a retiree with a balanced ...

Seniors seeking a decumulation strategy may be asking the wrong questions. Start with your spending plan, then model how ...

Suppose you’re 60 years old, in good health and with $750,000 in a 401(k) workplace account. Based on your choices, you might be limited to withdrawing just $760 or so each month in retirement ...

Since the beginning of 2016, savings have plummeted, but this money is not being used to pay off debt, which has stayed about the same. It’s being used to buy stuff.

I have been unemployed and am drawing an income from a substantial pot of savings since the summer of 2024. I definitely ...

Alas, there's no magic formula that will allow you to draw outsize sums risk-free. However, I'll lay out four options to help you get the most out of your money, starting with the conventional 4% ...