During your working life, you typically receive a regular paycheck from your employer. You base your overall budget on that amount and understand your financial limitations. But when you retire, it’s up to you to decide how to create that regular monthly retirement paycheck. It’s likely a mix of Social Security, possibly an employer pension, and a withdrawal percentage from your savings. Financial success in retirement requires answering two important questions: “How do I invest the money I’ve saved,” and “How much income can I plan to live on each month without running out?” No matter how well you’ve done answering the first question, finding the answer to the second question may, on its own, determine financial success or failure in retirement.
We discovered a way that may successfully answer both questions.
We call it the TRU Method.