Not exact matches
If he lived off just the interest of this nest egg, he could get $ 30,000 a
year and never touch the principal with a
conservative 6 % rate of return
during his
retirement years.
A person whose portfolio features higher - risk investments than typical index funds and bonds needs to be more
conservative when withdrawing money, particularly
during the early
years of
retirement.
So, it's good to be
conservative with estimates and flexible
during the
retirement years.
Clark's article showed that following a more aggressive strategy
during one's working
years resulted in a bigger nest egg at
retirement than a more
conservative strategy.