Ep 73: 5 Things You Must Know About Decumulation to Retire Successfully

So much of the financial world is focused on accumulating money and you can find plenty of advice on how to save and invest. But there aren’t nearly as many resources for navigating the period of time after your retirement through decumulation. On this episode, we’ll point to 5 things you need to know about spending down and managing the assets you’ve accumulated throughout life.

 

Read more and get additional financial resources here: https://principalpreservationservices.com/ep-73-5-things-you-must-know-about-decumulation-to-retire-successfully/ 

 

What we discuss on this episode: 

2:20 – Lack of support

4:16 – Fear of spending is real

5:56 – Risks in retirement

7:29 – Focusing on tax consequences

9:59 – Leveraging your lifetime income

12:34 – Mailbag question on divorce settlement

14:17 – Mailbag question on saving and interest rates