On today’s Intelligent Money Minute, we continue our conversation with Morningstar’s director of personal finance, Christine Benz on spending money in retirement. During this episode, Christine about retirement distribution strategies and whether there’s truly a safe withdrawal rate. Interestingly enough, she mentions a study that more retirees were concerned about finances  than death. She highlights this strategy of simply taking 4% and whether it’s still usable in today’s economy. 
Many pre-retirees and retirees are concerned about running out of money. Having a written financial plan and having flexibility with withdrawals are some of the keys to having a good probability of success of not running out of money. 
Are you are wondering whether you have enough money to outlast your lifetime? If you are, we’d love to have a complimentary call or coffee with you. We are fee-only fiduciaries that don’t sell other products, so you can rest assured, we want to have your best interest in mind. Please visit investedwithyou.com. We look forward to hearing from you soon.
We’ll be interviewing Christine on several podcasts regarding retirement strategies, passive investing, and diversification, so be sure to subscribe to our Intelligent Money Minute podcasts.
Christine Benz Bio
Christine Benz is Morningstar’s director of personal finance and author of 30-Minute Money Solutions: A Step-by-Step Guide to Managing Your Finances and the Morningstar Guide to Mutual Funds: 5-Star Strategies for Success. She holds a bachelor’s degree in political science and Russian/East European studies from the University of Illinois. Christine lives in the Chicago suburbs with her husband, Greg. She is an avid cook, a political junkie, and a long-suffering Chicago Cubs fan. Follow Christine on Twitter.