Not exact matches
Others take a similar
approach but instead of setting an arbitrary income requirement for their
retirement (whether traditional or early), instead they have a goal of retiring
without reduction in their current level of income.
It goes
without saying that maintaining a broadly diversified
retirement portfolio will be a key part of this
approach, researchers posit.
But while I can't give you a quick and easy answer to this important
retirement question, I can give you advice on how to
approach this issue so that you can come up with a withdrawal strategy that has a good chance of generating the income you need
without subjecting to you undue risk of spending through your nest egg too soon.
However, families with adult children, couples
approaching retirement, and couples
without traditional dependents may each have reasons to consider term life insurance policies.