Running out of money in retirement is one of the top fears of soon-to-be retirees for a reason. It is surely one of the nastiest wake-up calls one can get. Not only is it painful to have to return to work after enjoying the first few years of enjoyment, but one may also struggle to … I just retired at age 61 and left my $145,000 salary – how much can I pull from my nest egg every year without the fear of running out of money?
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