To continue your same standard of living. That seems to be the "standard" the financial planners and some of the calculators? I realize this will vary wildly depending on your lifestyle and how many revenue streams you have, how long it has to last.
I'm also curious how many stick to the withdrawal amount of 4% that is the generic industry standard?
I know there are countless other factors but I'm always fascinated with the answers retirees give and their experiences/advice.
I'm also curious how many stick to the withdrawal amount of 4% that is the generic industry standard?
I know there are countless other factors but I'm always fascinated with the answers retirees give and their experiences/advice.