In this episode, we dive into the crucial question: how long can $100,000 last in retirement? We explore the popular 4% rule, a widely-used guideline for sustainable withdrawals. With $100,000 in savings, this rule suggests you could withdraw $4,000 annually, potentially stretching your funds for 25 to 30 years. However, it's important to remember that market fluctuations and inflation could impact this timeline, and the 4% rule doesn't guarantee income for life.

For those looking for more financial security, we also discuss the option of investing in an annuity with a Guaranteed Lifetime Withdrawal Benefit (GLWB). With GLWB, your annual withdrawals could range from $7,000 to $16,000, depending on the terms and your age. The big advantage? A lifetime income guarantee, even if your account balance hits zero—offering peace of mind that the 4% ...