Sentences with phrase «forgo inflation increases»

But whatever initial rate you choose, you need to remain flexible, say, forgoing an inflation increase or even paring your withdrawal for a few years if a big market setback or higher - than - expected spending puts a big dent in the value of your nest egg or spending more if a string of stellar returns causes your nest egg's value to balloon.

So, for example, if the combination of withdrawals from your nest egg plus lousy investment performance puts a big dent in your savings balance, you might forgo an inflation increase for a year or two or even scale back your withdrawals.

For example, if the financial markets suffer a serious setback or you have to significantly boost spending in a given year, you may want to forgo an inflation increase or even pare back your withdrawals the next couple of years to avoid depleting your nest egg too soon.

If, for example, the financial markets go into a deep slump or your nest egg's value takes a hit because you make an unusually large withdrawal to handle a large unanticipated expense, you might need to forgo an inflation increase or even reduce the amount you withdraw for a few years to give your portfolio a chance to recover.

Not exact matches

If you purchased these annuities, you also forgo any growth potential for this money; however, you can pay extra for annual increases in payments to help offset inflation.