What is a Retirement Drawdown Strategy? 6 Tips to Make Your Money Last

You've spent decades building your nest egg. Then, when you retire, you need a plan to stop saving and start spending, but not too much that you risk running out of money. As Dustin with Mundorf Wealth Management  explains to Erin Kennedy, it's a delicate balance that requires you to consider these 6 variables: 

1. A Plan to Minimize Taxes 
2. Make the Right Decision about Social Security Benefits 
3. Plan for Longevity 
4. Create Reliable Income 
5. Account for Inflation 
6. Account for the Death of a Spouse 

Accounting for each of these variables will be different for everyone. If you'd like to speak with a fiduciary advisor about creating your unique drawdown strategy that considers these 6 variables and many more, please reach out to Dustin.  Just text or call the number on the website, or book a free chat by visiting www.LongLiveMyMoney.com 

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