In an article for National Education Association, CFA discusses an important topic in retirement planning... the actual plan for taking withdrawals.
Whichever route you take, when you approach the retirement date, you must come up with a plan for actually enjoying all that you’ve saved. “Once you get within five years of retirement, it makes sense to think about how you’ll withdraw,” says Robert Schmansky, CFP, founder of Bloomfield Hills, Mich.-based Clear Financial Advisors.
