Caring for FIDough
As you transition from the accumulation phase to the preservation/withdrawal phase, different considerations come into play. Caring for FIDough focuses on helping you care for and manage your FIDough once you have achieved Financial Independence.
Strategies to Minimize Portfolio Drawdowns – An overview of some basic strategies to help minimize the potential for market downturns to impact your long-term goals. The strategies can be used individually or in a variety of combinations.
Understanding how much of your nest egg you may safely spend in retirement without running out of money is key to FIDough success. These resources can help you plan for that.
How much may you safely spend in retirement? by Mr. FIDough. My overview of the basics of retirement spending to help you not let FIDough get away!
How to Make Your Money Last: The Indispensable Retirement Guide by Jane Bryant Quinn. The best book I have read that covers everything you need to know to plan our retirement spending and make your money last. Check out my review of this book here.