I just retired at age 61 and left my $145,000 salary - how much can I pull from my nest egg every year without the fear of running out of money?
Retirees should prioritize conservative withdrawal rates and portfolio rebalancing to reduce volatility and protect nest eggs from market crashes and catastrophic expenses.
Dave Ramsey vs. Suze Orman: Who's Right About the New Retirement Math?
Dave Ramsey endorses a $1 million nest egg relying on high market returns and aggressive withdrawals; Suze Orman advocates markedly larger retirement savings.
What Retirement Really Looks Like With $2.5 Million in Savings
$2.5 million can fund a secure middle-to-upper-class retirement, but longevity of income depends on withdrawal rate, age, spending, taxes, and portfolio structure.