Most folks enjoy spending money, and it’s pretty easy to do when you’re working because that paycheck gives you a safety net. But how do you spend money in retirement in a way that gives you the best chance of not running out of money? Today we’re going to give you four retirement spending strategies that you might want to consider.
Here’s some of what you’ll learn in this episode:
- We break retirement expenses up into two categories. (1:30)
- The inflation-adjusted spending strategy. (4:46)
- The spending smile method. (9:11)
- The floor and ceiling method. (13:02)
- The retirement guardrails strategy. (14:30)
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