Planning Your Retirement Withdrawals

• Plan your retirement income by estimating how long your savings will last based on your withdrawal rate, fixed income sources, and investment returns
• Social Security and pension income reduce the amount you need to withdraw from savings each year
• A common guideline is the 4% rule — withdrawing 4% of your savings annually, adjusted for inflation
• Consider that inflation erodes purchasing power over time, so your withdrawal needs will increase each year