Calculating Sustainable Income Withdrawals from Retirement Savings

The question of how much to withdraw from retirement savings often keeps people awake at night. Gone are the days when simple rules of thumb can adequately address retirement withdrawals. Modern retirement presents a complex puzzle where multiple pieces – from market volatility to increased longevity – must fit together perfectly to create a sustainable income picture. Retirement withdrawals share more in common with long-distance running than with sprinting. The pace must be sustainable, adjustments need to be made along the way, and proper strategy proves far more important than initial speed. Today’s retirees face unique challenges that demand […]