If you withdraw 4% of your personal savings during your first year in retirement and adjust subsequent withdrawals to compensate for inflation, you're virtually assured of never outliving your money over a 30-year retirement.
That's a conservative rule of thumb, but it would protect you even if you happen to retire during a bear market and end up having to withdraw funds from a dwindling balance.
See How Much is Enough? for more information. And use Kiplinger.com's calculators to estimate yourretirement target, Social Security benefits and how bigger contributions to retirement accounts can add up.
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