We spend our entire careers saving, building nest eggs, and planning for retirement dates. However when the work stops, it can become difficult to flip the switch and withdraw funds from retirement accounts. The Wall Street Journal discusses the challenges of spending during retirement and how to avoid the mental hurdles that accompany the delicate balance.
When working with clients at Soundmark, we devote a lot of focus toward managing withdrawal rates, discussing legacy strategies, and fulfilling bucket lists, while clients enjoy their retirement years. A trusted advisor is a powerful sounding board to help you manage the goals you have achieved.