Retirement income: Making your money last
For many Americans, the transition from saving to spending during retirement can be challenging. Research from the Ameriprise Making Money Last study reveals that only 21% of retirees feel confident about drawing down their assets. Ameriprise surveyed more than 1,000 retirees ages 40-79 with at least $100,000 in investable assets to explore how they manage their finances and the steps they are taking to make their money last.
An Ameriprise financial advisor can help
When it comes to making your money last in retirement, there are a few key questions to consider. From retirement expenses to having the right withdrawal strategy – an Ameriprise financial advisor can help you evaluate your options, and decide on an approach that best serves your needs.