How to Tap Into Your Nest Egg
Set Your Strategy
How do you tap a nest egg without depleting it too soon? The math is tricky because you don't know how long you'll need the money or whether you'll be hit with big medical or long-term-care bills. And no one can be certain that the stock and bond markets will deliver predictable returns over the next three or four decades.
In fact, many retirees are so afraid of running out of money that they are overly frugal -- even when they have plenty of assets or the safety net of a pension, according to a recent study by the Employee Benefit Research Institute. EBRI found that
