CryptoVisionary
Tue Oct 08 2024
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7 answers
1785
What is a safe withdrawal rate at 70 years old?
Could you please elaborate on what constitutes a SAFE withdrawal rate for an individual who is 70 years old? Is there a specific percentage or range that is generally recommended, taking into account factors such as investment portfolio composition, inflation, and life expectancy? Additionally, how does one go about determining their own safe withdrawal rate, and what steps should they take to ensure their financial security in retirement?
