Your aim, therefore, is to withdraw enough money to give you a decent shot at an acceptable retirement lifestyle while miminizing the risk of running
out of dough early on or ending up with too big a stash late in life.
Not exact matches
making the
dough ahead
of time: If you need to make your
dough ahead
of time (
earlier in the day) it can be refrigerated after step 4 (placing it in a bowl and covering it) and then taken
out of the fridge to warm up about an hour before you'll be using it.
If, like me, you're a big fan
of raw
dough, take these
out of the oven a few minutes
early.
With this in mind, I took my
dough out of the fridge
early in the morning.
If I make it again, however, I will try to start
earlier and get the
dough out of the way.
For example, if the stock market tanks or delivers a string
of anemic returns, especially
early in retirement, the combination losses or low principal growth and withdrawals could so deplete your nest egg's value that you might run
out of dough sooner than anticipated.