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Focus on How Much You Can Spend During Retirement -- Not How Much You Can Withdraw
Ken Steiner, FSA Retired Link to more items from this source
Oct. 28, 2016
"The point of the exercise is to determine approximately how much you can afford to spend each year while meeting your financial objectives, not how much to withdraw. Sometimes adding the amount you can withdraw under these [rule of thumb] approaches to other income you may be receiving for a given year will give you something close to a reasonable spending budget for that year, and sometimes it won't."

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