My Thoughts on “The Guru Gap”
Generally speaking, there are two “camps” (or schools of thought) for investing for and creating an income stream in retirement.…
My RMD Withdrawals, QCDs, and Tax Withholding in 2025
I’ve written previously about withdrawing from my Traditional IRA to help fund our retirement. I’ve also described how I started making…
Preparing for an Important Retirement Financial Milestone in 2025
There are many retirement financial milestones to pay attention to: your penalty-free early distribution age from an IRA (59/12), eligibility…
The “Game” of Retirement Stewardship
In a previous article, I talked about saving for retirement and the need to focus on expenses, especially for those with less savings. The…
I’m Not as Reluctant Toward Annuities, But I’m Still Not Sure I Need One
In the previous article, I alluded to my “safe withdrawal rate” (SWR) portfolio strategy, which I described as “strategic…
Why Am I Reluctant to Purchase a Lifetime Income Annuity?
Many financial planners, advisors, and especially retirees are wary of annuities. They cite cost, complexity, loss of liquidity,…
Retire Like Dave: Part Two—Maybe You Can Withdraw Eight Percent
A sustainable withdrawal rate is integral to a wise retiree’s financial stewardship plan. Your withdrawal rate determines how much money…
How Higher Interest Rates Are Impacting Retirees
In a previous article, I touched on the risk that rising interest rates present to retirees. There are risks—the negative impacts of rising…
Sustainable Retirement Income—Part Two: Variable Withdrawals
In the last article, we examined the first of two main types of systematic withdrawal strategies for sustainable retirement income: fixed…