Saving for retirement is understood – you invest a certain amount of your income to a portfolio that’s aligned with your risk tolerance.
Shift Your Retirement Nest Egg to an Income Stream
From the U.S. News & World Report website
But once you’re ready to retire and start living on that money, what steps should you take so your funds last?
It’s a question people who are starting to retire now need to ask, because pensions and other traditional retirement income guarantees are less common, says Jamie Hopkins, director of the Retirement Income Center at The American College of Financial Services, in Bryn Mawr, Pennsylvania.


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