Burns Estate Planning: Monthly retirement spending

MOBILE, Ala. (WALA) - Chris Burns with Burns Estate Planning joined Chelsey on FOX10 Midday to speak on monthly retirement spending. Chris says, “Keep in mind that we work our whole lives to save for retirement so we can have the retirement we want. Financial experts typically say retirees should live comfortably off of 4-6% of their portfolio per year. Everyone deserves to live a comfortable retirement, but you have to be transparent about what your retirement goals are to create a strategy. Also, it is important to consider if you want to leave anything to legacy- then, that is also something you need to take into consideration of your monthly income.”

For more information, watch the clip above and contact Burns Estate Planning.

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