Make your money last all through retirement

 

http://money.cnn.com/2013/02/11/pf/expert/retirement-withdrawals.moneymag/index.html?iid=HP_River

 

This story is part of Money magazine's story 5 retirement choices: Get 'em right, live well which covers big decisions that can dramatically boost your income in retirement.

Decision No. 5: How much can you draw from your savings?

The decision: After you stop working, you'll have to figure out how much you can safely take out of your retirement portfolio each year -- a daunting task.
Why it's important: The conventional strategy is to start with a modest withdrawal rate -- typically 4% or so -- and then adjust for inflation annually.

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