Summary
The 4% rule is a popular withdrawal strategy that suggests withdrawing 4% of your retirement savings in the first year of retirement. The bucket strategy involves dividing your savings into different “buckets” based on when you will need the money.
Retirement withdrawal strategies are an important aspect of retirement planning. The amount you should withdraw each year depends on your retirement goals, your savings balance, and market conditions.
With careful planning and consideration, you can ensure that your retirement savings will last. By understanding the various withdrawal strategies available, you will be able to maximize your retirement income.
