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:

A Plan to Minimize Taxes
Make the Right Decision about Social Security Benefits
Plan for Longevity
Create Reliable Income
Account for Inflation
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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