Funding retirement – how long will my money last?

ScreenHunter_19 Aug. 19 12.12

When drawing retirement income, greater returns, even if accompanied by greater volatility, can increase the amount of time an investor can withdraw from their portfolio. Taking $5,000 a year from $100,000 cash that is not earning income guarantees that the savings will be depleted in 20 years. An investor investing in a moderate portfolio can potentially take $5,000 per year for 32 years.

Feel free to contact me or visit my website for more information.

 

Douglas J. Bodtcher                               
Investors Group Financial Services Inc.
780-448-1988 ext. 284
Douglas.Bodtcher@investorsgroup.com

Tags: ,

This entry was posted on Monday, August 19th, 2013 at 11:24 am and is filed under Edmonton, Investing, Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the REALTORS® Association of Edmonton. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.