Safe withdrawal rates from retirement plans still unclear
Retirement plan participants still don't know how much money will help them avoid outliving their retirement savings.
By Marlene Y. Satter|April 12, 2016 at 12:23 PM
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Americans still haven’t figured out how to make their retirement money last.
A survey that compared workers’ understanding from 10 years ago of how much they could safely withdraw from their retirement nest eggs without running out of money, versus how much today’s workers believe is a safe percentage, has revealed that while participants are improving, they’re still a long way from knowing what that safe income level is.
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