Our advice is to plan carefully because your investments may have to last for decades.
More Quotes from Craig Brimhall:
Our expectation was that it would have to do with Social Security, pensions, or health care.Craig Brimhall
We run into people who are withdrawing 8 percent a year more than a sustainable rate. You end up devastating your portfolio.
Craig Brimhall
Fill the bucket with the cash that you'll need for the next two to three years and keep the rest of your portfolio invested for growth. Every six to 12 months, rebalance by trimming from the best-performing assets to replenish the cash.
Craig Brimhall
No other generation in history has ever had to plan for this long a retirement. Up to 30 years of income is what they're going to need to create from their savings.
Craig Brimhall
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