Your tax-advantaged retirement accounts are funds for retirement, so you should tap those funds once in retirement…right? The authors of today’s article argue that those accounts shouldn’t be relied on to fund the early part of retirement, but instead advocate a “two-phase retirement” where the first phase is funded by taxable funds and the second phase is funded by 401(k)/tax-advantaged funds. For their rationale – including why they “massively disagree with the conventional wisdom that people naturally spend less as they get older” – CLICK HERE.
Hands Off: Why This Couple Argues You Shouldn’t Tap Your Tax-Advantaged Funds In Early Retirement
Tags:401kFundsFunds for RetirementInvestRetiredRetireeretirementretirement accountRetirement FundRetirement SavingsTax-Advantaged FundsTaxable FundsTwo-Phase Retirement