What’s the best retirement income strategy for you?
In this video, Brian runs through an example of 3 brothers who have the same strategy of consistent withdrawals and the same initial investment. Each brother retires in a different year, how much do their final nest egg totals differ?
This example shows how sequence return risk had an affect on each brother’s overall nest egg. So, while a standardized withdrawal strategy of 4%, for example, is common practice it isn’t always the best choice due to variables over time.
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