Having a
sound retirement drawdown strategy and keeping to it is crucial if you want to be able to live comfortably in retirement and not spend time worrying about outliving your savings.
Many people have some other big levers that they could potentially pull which could significantly impact
their retirement drawdown strategy, so it's worth considering them before they execute their drawdown plan.
Here is
my retirement drawdown strategy: I'm still under 50 and more on the accumulation side of things and also facing > 10 years of college tuition, but here's how I look at our situation.
If you're reading this, you're likely someone who: saves money, has built up some assets and is starting to think about how to create
a retirement drawdown strategy — a plan for how to turn your assets into income that will last for life.
Unlike the 2 - tone band The Specials,
retirement drawdown strategies are rarely black or white.