The Question
How should I invest after retirement?Like the previous advisor says – It truly depends on your situation.
However, most of my clients draw between 3-5% from their portfolios annually and typically take an income-produced approach to their withdrawals. These clients use the dividends and income produced by their portfolio to create their paycheck – rarely do we sell securities to fund a large distribution. This strategy is very predictable and provides a lot of piece of mind to my clients as they know these income streams are predictable throughout their retirement.
No question, answer, or discussion of any kind facilitated on this site is confidential or constitutes financial or legal advice. Questions answered are selected based on general consumer interest, and not all are addressed. Questions and answers may be displayed online and archived by Wealthtender. To make Wealthtender free for readers, we earn money from advertisers, including financial professionals and firms that pay to be featured. This creates a conflict of interest when we favor their promotion over others. Wealthtender is not a client of these financial services providers. Learn more.