3 Withdrawal Strategies For Retirement Income

Summary

In this episode, Kyle and Kolin discuss three common retirement portfolio income strategies: spending portfolio income, the 4% rule, and risk-based income guardrails. They explore the pros and cons of each strategy and provide examples to illustrate their application. The conversation delves into the nuances of each strategy, highlighting the considerations and implications for retirees.

Takeaways

Understanding the different retirement portfolio income strategies is crucial for retirees to make informed decisions about their financial future.The 4% rule, spending portfolio income, and risk-based income guardrails each have unique pros and cons that should be carefully evaluated based on individual retirement goals and financial circumstances.Dynamic income strategies, such as risk-based income guardrails, offer flexibility and the potential for increased spending, but also require careful monitoring and adjustment based on market performance and portfolio value.

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Disclosure: You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. This podcast is intended for educational purposes only. Nothing in this podcast constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. MOKAN Wealth Management is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.