Editor's note

I've handpicked articles and stories that resonate with both my clients and myself, with the goal of providing you with valuable, practical insights that you may find both informative and useful.

Monday, November 15, 2021

Do You Have a Tax-Smart Withdrawal Strategy?

 Your plan for drawing down retirement assets could be just as important as your approach to accumulating retirement savings. Experts recommend various methods, such as the so-called 4% rule — withdrawing 4% of your nest egg each year (with adjustments for inflation) — or a three-phase system dividing your assets into groups for short-term, mid-term, and long-term retirement needs.

Before you make any final decisions, it would be wise to consider the tax consequences of your withdrawal strategy.

Articles of Interest to My Clients: