Finding Retirement Income in a Down Market

Finding Retirement Income in a Down Market

Most retirees have some combination of six sources of income to draw upon in retirement. But when the stock market is down significantly, taking income from some sources may hurt your wealth in the long run. Instead we suggest pulling income in this order…

Published by Motley Fool Wealth Management Originally posted on Tue, Aug 2, 2022 Last updated on September 24, 2024

read time 3 min read

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Footnotes

1Marketwatch.com, May 20, 2022

2cbsnews.com, Jun. 17, 2022. An estimated $3 trillion has been lost from U.S. retirement accounts, according to Alicia Munnell, director of the Center for Retirement Research at Boston College.