Most people work 40 years or more to accumulate assets for retirement. Then, if they use the assets too fast, they may end in poverty. How fast is too fast? The answer must balance withdrawals and longevity against investment growth, yet it need not be overly complex. It is entirely possible for many retirees to self-manage their investments if they organize an initial approach into a few basic steps. Over time, retirees can learn to refine and augment the basic approach outlined here. Continue reading →