- To ensure a steady flow of income in retirement, transition your investment portfolio from growth-focused assets to income-generating ones.
- Create a detailed budget to track monthly expenses, and understand how to optimize withdrawals and minimize tax burdens.
- Consider using iShares Asset Allocation ETFs as a way to manage your asset allocation.
After years of diligently saving and investing, it’s finally time to take the off-ramp and cruise into retirement. Wondering how to smoothly switch gears from saving to spending? How to ensure your hard-earned savings last through the years?
Here are five steps to consider to help navigate this transition, and potentially make your retirement journey is as smooth and enjoyable as you envisioned.