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Roth Conversions, the Rule of 55, and Retirement Withdrawal Regrets - 358

Your Money, Your Wealth

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How Much Money Should Allan Have in Five Years?

A four % role is just to see if someone's on track, right? That's how you want to look at it. In my opinion as a certified financial planner, is that allan wants to retire, he wants to spend 50 thousand dollars a year. He wants to retire in five years. One point two five million. Tipes four %, creates 50 thos. But when he retires, i'm not going to advise him to take four % out per year. It's going to vary depending on market situations. And this portfoliois going to provide them the live style that theythythey want to maintain.

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