Smart Retirement Withdrawals: Carefully Select Your Retirement Withdrawal Rate

This week on the Retirement Quick Tips Podcast, I'm talking about smart retirement withdrawals - 10 principles to help you sustain and grow your retirement withdrawals in retirement, while maintaining financial security and not running the risk of running out of money.

Today, I'm talking about carefully selecting your retirement withdrawal rate. If you took the steps I already suggested in creating a budget and making sure that was realistic, then next step is to determine how much of your portfolio you would need to withdraw on a monthly and annual basis so you can support your spending goals.