The Retirement Corporation of America

Build A Life-Stage Withdrawal Plan

OBVIOUSLY YOU'RE NOT going to start thinking about withdrawing money from your retirement savings plans on the first day at your first job. That is something you do fairly late in life when you have a clearer idea about:

* The amount of money you are likely to need in retirement.
* The size of your retirement savings nest egg.
* How much you can expect to collect from Social Security.
* How long you can keep an income coming in from part-time work after you have stopped working full time.

You want to make sure you keep your retirement nest egg growing through your working years. You further want to keep updating and refining your retirement budget so you know how much it will cost you to live in retirement. Finally, you want to keep working on a post-retirement career, so all of your earned income doesn't stop on retirement day.