What You Need to Know About Decumulation
The transition into retirement should be a carefree event. After all, you’ve spent a long career doggedly saving and investing to meet your future financial goals. However, as you near retirement, you may look at the money you’ve accumulated and wonder, Now what do I do with it? Namely, how do you appropriately fund your desired retirement and not outlive your money?
This transition toward drawing down your savings is commonly referred to as decumulation. Join Gary Brancaleone, Director of Investment Specialists, in this video as he provides an introduction to the decumulation phase and how it affects your investment portfolio. As Brancaleone explains, by better understanding this transition, you may be able to determine just how ready you are to retire.