Shouldn't I wait for the market to settle?
You don't need a calm market to review retirement spending. Meeting and moving money are separate choices.
The fair worry
Waiting can feel wise when markets are hard to read. I understand wanting to avoid a costly move at the wrong time.
The answer
Here's a made-up example, not a real client.
Both paths start with $500,000 and withdraw $30,000 at each year's start. They get the same ten yearly returns, in opposite order.
After ten years, good years first leaves $372,633. Bad years first leaves $207,581. Withdrawals change how much money remains for later returns.
The downside
This is not a forecast or a claim that a drop is coming. It leaves out taxes, fees, and changes in spending or prices.
At your consultation
That's why your spending deserves a look through good and bad years. Your retirement advisor will look at YOUR numbers with you. You can learn without buying anything.
More questions on this topic
- Can't I just figure this out myself?Yes, you can work on this yourself. A second set of eyes gives you another view without taking control.
- I'm not ready to decide. Should I still come?Yes. You can come to learn without choosing a product.
- I don't know what I spend yet. Should I still come?Yes, come. Rough numbers are enough to start.