Is Your Nest Egg Doomed by Your Withdrawal Method?

Managing Your Financial Future with Lucia Capital Group

Building a nest egg is relatively easy if you're both consistent and patient. Regular contributions over time can lead to compounded growth, which may give you the amount of money you need to live on.
But while building a savings can be easy, keeping it from running out is a whole other challenge. How you take withdrawals from your savings once you're retired is crucial to the survival of your portfolio. If you've put yourself in a "reverse dollar cost averaging" (RDCA) situation, you could be asking for trouble.
What is RDCA, and how do you avoid it? Find out from host Johnny Dean and Rick "The Professor" Plum, CFP® on this week's episode of Managing Your Financial Future!