What's your number?
It’s not just the amount of money you’ve saved that determines whether you’ll have a comfortable retirement; it’s also a matter of how quickly you spend it after you retire. The rate of annual withdrawals from personal savings and investments helps determine how long those assets will last and whether the assets may be able to generate a sustainable stream of income over the course of retirement. A number of factors will influence your choice of annual withdrawal rate. Following are a few key considerations.
