The Trick to a Successful Retirement

The #1 fear in retirement, is running out of money – how can we avoid this? One of the tricks to planning a successful retirement is to figure out how much money you can safely withdraw from your nest egg, without running out. One of the simpler ideas is to plan on taking out the equivalent of what your RMD’s (required minimum distributions) would be. Does this work or is there a better way? Do you know the foundation of your retirement plan?  Steve, Cape Cod’s Retirement income Specialist, identifies creative strategies to help you not run out of money and explains how you can maximize your income in retirement while checking off those bucket list items!  See omnystudio.com/listener for privacy information.