2 months I’m about to retire and plan to withdraw 3% of my portfolio to fund my lifestyle – should the record-high stock market make me nervous? 24/7 Wall St.
When investors are young, they often pour their money into the stock market and aim for long-term returns. However, their mentalities usually shift as they get older, especially as retirement comes closer. A recent Reddit post in the Chubby FIRE subreddit highlights this concern. A Redditor has enough to retire with an annual 3.3% withdrawal rate. The […]
The post I’m about to retire and plan to withdraw 3% of my portfolio to fund my lifestyle – should the record-high stock market make me nervous? appeared first on 24/7 Wall St..
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