The amount of retirement that you are going to have to withdraw over time is obviously going to vary from person to person, but that does not mean that you cannot prepare. As a matter of fact, you can use a retirement withdrawal simulator to figure out the amount that you should be taking out under various scenarios.
If you plug in the various plans, you can quickly see which ones are right for you, and which ones are simply not going to make the cut. That is the beauty of the whole thing and another good reason why you should be using it.
- Excel Retirement Planner
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