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Podcast: The Clark Howard Podcast
Episode: 04.01.25 Ask An Advisor With Wes Moss
Description: Should You Withdraw 5% From Retirement Accounts? and How Corrections Impact the MarketIf you think about the most important fundamental in retirement planning, it’s determining the amount of money we can withdraw and still not run out. Fiduciary financial advisor Wes Moss discusses the longstanding 4% rule and runs the numbers on the probability of running out of savings if you bump it to a 5% withdrawal rate – or more. Also, it’s never fun to watch our portfolios drop. Wes walks us through historical corrections and why we shouldn't panic.Plus, Christa shares...