Comparing the Portfolio Withdrawal Methods - Which Is Best?
Manage episode 463546389 series 3428540
It’s been said – by us – that keeping your wealth can be a much harder task than accumulating that wealth. And it's true. If you don't have the right withdrawal strategy when taking cash flow from your investment portfolio, you stand a real risk of running out of money.
What methods do people use when they're taking money out? And which, if any, may potentially be the best way to avoid the scary scenario of watching your funds dwindle to nothing?
Podcast host Johnny Dean and his guest, Rick "The Professor" Plum, CFP® compare the various withdrawal strategies and tell you which one they believe is the best – and why they believe it. Tune in to this week's episode of Managing Your Financial Future to learn more!
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