Retirement Income – DIY Retirement Hacks https://diyretirementhacks.com Empower Your Retirement Tue, 15 Dec 2020 10:14:19 +0000 en-US hourly 1 https://wordpress.org/?v=5.5.3 https://diyretirementhacks.com/wp-content/uploads/2020/11/logoBest-1-150x150.jpg Retirement Income – DIY Retirement Hacks https://diyretirementhacks.com 32 32 What are the Withdrawal Strategies in Retirement? https://diyretirementhacks.com/what-are-the-withdrawal-strategies-in-retirement/?utm_source=rss&utm_medium=rss&utm_campaign=what-are-the-withdrawal-strategies-in-retirement https://diyretirementhacks.com/what-are-the-withdrawal-strategies-in-retirement/#comments Wed, 16 Dec 2020 07:02:43 +0000 https://diyretirementhacks.com/?p=126 Retirement Withdrawal Strategies   Retirement Withdrawal Strategies: turn your assets into income while mitigating known risks. Notice there are two components to this strategy. First, create income. Second, mitigate risks. You get income from your assets, and you control risk with your product allocation. What is product allocation? We shall see!   How To Start Your Retirement Withdrawal Strategy? Where to begin? If you are using professional planning software, a Monte Carlo simulation and the 4% rule…

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