5 Steps to Ensure Your Money Lasts Through Retirement
Here s how to turn your retirement assets into income that lasts a lifetime.
This story originally appeared on NewRetirement.
If you’re reading this, you’re likely someone who: saves money, has built up some assets, and is starting to think about how to create a retirement drawdown strategy – a plan for how to turn your assets into income that will last for life.
Having a sound retirement drawdown strategy and keeping to it is crucial if you want to be able to live comfortably in retirement and not spend time worrying about outliving your savings. Most of the financial services industry has been focused on helping people accumulate or save and invest (and their business models are built on this).
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