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Podcast: Michigan's Retirement Coach Podcast With Mike Douglas
Episode: Finding The Right Withdrawal Rate In Retirement
Description: Running out of money is the biggest concern retirees have when they stop working. The 4% Rule has been regarded as the safest percentage to withdraw each year to never run out of money, but is that calculation outdated? In this episode, Mike discusses what factors need to be considered when determining the right amount of income to live on during retirement. Visit LifePlanWealth.com to begin building your own retirement plan!See omnystudio.com/listener for privacy information.