Have a question about your own retirement savings? Email us at [email protected]
My wife and I are retired and have no children. Our total assets are $2 million. We have $1.35 million in equities and $600,000 in our fully-owned mortgage free home. I receive $22,000 annually in Social Security.
Can you help us please understand what would be a better withdrawal figure for us considering our particular situation?Lots of people say it — you can’t take the money with you when you’re gone. But your goal might be a tough one to accomplish. Instead of focusing and committing to one withdrawal rate, you might want to take a more hands-on approach. One option is the dynamic withdrawal rate approach, which is where you increase or decrease spending depending on portfolio growth and declines, said Adam Wojtkowski, a certified financial planner at Copper Beech Wealth Management.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Arkham referral links appear to reveal user email addressesBlockchain data provider Arkham Intelligence appears to have made some customer emails publicly available through decodable referral links that were being shared by users in the runup to a token airdrop.
Read more »
China-based hackers breached US government email accounts, Microsoft and White House say | CNN PoliticsChina-based hackers have breached email accounts at two-dozen organizations, including some United States government agencies, in an apparent spying campaign aimed at acquiring sensitive information, according to statements from Microsoft and the White House late Tuesday.
Read more »
China-based hackers have breached government and individual email accounts, Microsoft saysChina called a Microsoft report that a China-based hacking group breached government-linked email accounts “disinformation,” saying Wednesday that the accusation was meant to divert attention from U.S. cyber activities.
Read more »
China-based hackers have breached government and individual email accounts, Microsoft saysChina called a Microsoft report that a China-based hacking group breached government-linked email accounts “disinformation,” saying Wednesday that the accusation was meant to divert attention from U.S. cyber activities.
Read more »
Check your email: You may have received a payout as part of an Illinois class-action Google lawsuitCheck your email -- or your bank account -- you may be one of more than 680,000 Illinois residents set to receive a payment as part of a multi-million dollar class-action settlement involving Google.
Read more »
Medical City’s parent company discloses data breach involving 11 million patientsHCA Healthcare Inc. says patient names, email addresses and phone numbers, birth dates and information about medical appointments were exposed in an online...
Read more »