Develop a Plan to Tap Assets in Retirement
In her upcoming book, 30-Minute Money Solutions, Morningstar Director of Personal Finance Christine Benz offers helpful guidelines on how retirees can maximize their portfolios' longevity and tax efficiency. She outlines general rules on the sequence of which assets to withdraw first, as well as which accounts should be invested more conservatively or aggressively. Investors are encouraged to consult with their tax and investment advisors regarding their personal situation.
Click here for the book's excerpt "Get a Plan for In-Retirement Withdrawals."