Many people think successful retirement means living off the interest from bonds or the dividends from high-yield stocks. That sounds great, but when you put this methodology under the microscope, there are some critical flaws with this approach. When you plan for spending in retirement, you should also consider how so many other variables – such as, inflation, taxes, and risk appetite – will impact your cash flow.
Watch our video to learn about how these variables can affect retirement.
To learn more and develop your retirement spending strategy, download Personal Capital’s Guide to a Better Financial Life.
The While-You-Wait video series goes over important financial topics when life puts us on hold.
Reheating your lunch? That’s the perfect time to watch. Leave a comment on what topics you’d like to see us cover next.
The content contained in this blog post is intended for general informational purposes only and is not meant to constitute legal, tax, accounting or investment advice. You should consult a qualified legal or tax professional regarding your specific situation. Keep in mind that investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.
Any reference to the advisory services refers to Personal Capital Advisors Corporation, a subsidiary of Personal Capital. Personal Capital Advisors Corporation is an investment adviser registered with the Securities and Exchange Commission (SEC). Registration does not imply a certain level of skill or training nor does it imply endorsement by the SEC.
Better financial lives through technology and people.
Retirement news & tips straight to your inbox.
Daily Capital Poll
How prepared do you feel for retirement?
Very prepared
0%
Somewhat prepared
0%
Somewhat unprepared
0%
Very unprepared
0%
No matter how prepared you feel, it’s important to stay on top of your retirement plan. Sign up for Personal Capital’s free financial tools to see if you're on track.
How much money do you think you'll need to retire?
$250,000
0%
$500,000
0%
$1 million
0%
$3 million
0%
Greater than $3 million
0%
How much you will need to retire depends on many personal factors like age, where you live, when you take Social Security and more. Calculate how much you will need to retire using Personal Capital's FREE Retirement Planner™.
