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.
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