Why Your Retirement Strategy Might Be a Ticking Time Bomb!
A popular belief suggests a diversified portfolio can be sustained for 30 years with a withdrawal rate of 4% or less, adjusted annually for inflation. However, this is only sometimes applicable. Your ideal retirement strategy and withdrawal rate should be tailored to your financial situation, prospects, and personal goals. Moreover, as life unfolds, your system might need adjustments. Tips for Different Life Stages: Medicare is the Ultimate Health Care Solution Another widespread myth is that …