• How Can You Recreate a Paycheck in Retirement?

  • Nov 5 2024
  • Length: 28 mins
  • Podcast

How Can You Recreate a Paycheck in Retirement?

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  • Summary

  • You can save diligently your entire working life, but without a solid spending plan, those savings might not last. The process, called “decumulation”, is the gradual conversion of retirement savings into income.

    Crafting that spending plan is no small feat. Nobel prize-winning economist Richard Thaler noted that “decumulation is a more difficult challenge than accumulation”. Financial planner David Agway noted that one wrong withdrawal in your retirement fund can ruin a decade of investing. So given this reality, how can you protect your financial future?

    Listen to find out what to do
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