How to Not Outlive Your Money: The 4% Rule
Whether you are just beginning your retirement savings or quickly approaching your first withdrawal, you probably have the same question: how can I be sure I won’t outlive my money?
Whether you are just beginning your retirement savings or quickly approaching your first withdrawal, you probably have the same question: how can I be sure I won’t outlive my money?
But know this: even someone in their 40s or 50s still has the capability to save a substantial amount of money for retirement. It’s not too late! With a little bit of careful planning alongside one of Salt Lake City’s best retirement financial advisors and some extra savings, you can still have the retirement that you are hoping for. The key is to start now and implement these four steps.