I am 74 and about to retire. I have worked in the non-profit field with lower annual salaries but did what I thought was appropriate for my values. I have $420,000 in my 403 (b), a mortgage of $1800/month, a rental property for which I get $1200 per month. I know of the 4% withdrawal rate but am hoping to be able to withdraw more since I have worked to this advanced age. Any thoughts you can share with me about the withdrawal phase. 4% would only give me $1400 per month which would be a major reduction in my income after I leave work. Thanks. John
Statistics: Posted by John3 — Fri Jan 19, 2024 4:16 pm — Replies 4 — Views 357