Here's How Much You Can Really Withdraw in Retirement

Spend-Down

Between the decline in the use of traditional defined benefit plans (pensions) and the heavier reliance upon defined contribution plans (401k, 403b, etc.) by employers, retirees are faced with the daunting task of determining the rate at which they can safely withdraw from their retirement assets so they don’t outlive them.

Tags: 

About The Author

Ray LeVitre's picture

Esteemed personal finance pro Ray LeVitre, CFP is author of “20 Retirement Decisions You Need to Make Right Now” and Founder/Managing Partner at Net Worth Advisory Group. This 19+ year industry veteran helps individuals make key financial decisions during that critical yet oft underestimated period transitioning from the workforce into retirement—many of which are irrevocable and profoundly affect one’s financial security and lifestyle for decades beyond. He may be reached online at www.NetWorthAdvice.com.

Debt-Free for the Holidays: The Road to Financial Freedom

Debt-Free for the Holidays

When you examine your financial health, it is important that you are clear about what financial freedom is for you.  It is a very personal goal and you want to be clear about your vision for your financial future.  Where do you want to be in five years financially?  10 years?  It is also critical that you and your partner are on the same page.  We all know that financial issues are one of the key conflicts that destroy relationships.

So where do you start?

Tags: 

About The Author

Lynell Green's picture

Lynell Green is an Entrepreneur and business professional with over 25 years of business and real estate experience. After graduating from the University of Hawaii with a degree in Accounting, Lynell was part of the Audit team at Coopers & Lybrand and went on to take various financial positions in the entertainment sector. She has been involved in numerous entrepreneurial endeavors including owning Bread of Life Christian Bookstore, JC Enterprises and numerous real estate ventures.  She graduated from USC’s Ross Minority Real Estate Program where she found her passion for land use and how it impacts the lives of people.  She is the President of the Lynell Real Estate Group where the mission is to build, restore and sell real estate to create financial freedom for investors and improve the quality of life in the communities she works in.  She also teaches courses to improve financial literacy and to encourage people to pursue their dreams as a means to financial independence.

Subscribe to RSS - financial freedom
Hundred dollar bills tumbling out of spilled over trash bin
10/16/2017
Spend-Down Between the decline in the use of traditional defined benefit plans (pensions) and the heavier reliance upon defined contribution plans (401k, 403b, etc.) by employers, retirees are... read more
pastoral country road winding through autumn trees
11/09/2014
Debt-Free for the Holidays When you examine your financial health, it is important that you are clear about what financial freedom is for you.  It is a very personal goal and you want to be... read more
Hundred dollar bills tumbling out of spilled over trash bin
10/16/2017
Spend-Down Between the decline in the use of traditional defined benefit plans (pensions) and the heavier reliance upon defined contribution plans (401k, 403b, etc.) by employers, retirees are... read more
pastoral country road winding through autumn trees
11/09/2014
Debt-Free for the Holidays When you examine your financial health, it is important that you are clear about what financial freedom is for you.  It is a very personal goal and you want to be... read more