#536 - Can I Do a Reverse Dollar-Cost Averaging for Withdrawals in Retirement?

Does a withdrawal strategy in retirement have to be complicated or can you simply do a reverse of dollar cost averaging?

In this episode, we’ll take a look at how reverse dollar-cost averaging would work by using an example and discover who it works for. Click play to learn if this withdrawal strategy would work for you.

Is reverse dollar-cost averaging right for your retirement withdrawals? 

To save for retirement, you made it easy for yourself by setting up automatic savings to your 401K or other retirement accounts, so wouldn’t it make sense to do the same for your withdrawals in retirement?

The answer is (like just about every other answer in retirement planning), that depends. 

By setting up an automatic withdrawal you’ll be taking away your retirement superpower: your agility. Being agile allows you to make adjustments to your retirement plan from a state of power. 

Listen in to learn how to make your retirement withdrawal decisions and for whom reverse dollar cost averaging could be a disaster. 

OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN

PRACTICAL PLANNING SEGMENT WITH A LISTENER QUESTION

  • [1:44] Is it okay to do a reverse dollar-cost average for withdrawals in retirement?

IN THE NEWS

  • [14:30] The rules have changed for Inherited IRAs

LISTENER QUESTIONS

  • [18:55] What should Vicky do with the proceeds from the sale of her home?

  • [24:09] What to do with a 10-year inherited IRA

  • [27:55] What is the best way to fund bucket #1 to prep for retirement?

  • [35:10] A topic suggestion

TODAY’S SMART SPRINT SEGMENT

  • [36:11] Evaluate the resilience of your plan

Resources Mentioned In This Episode

Rock Retirement Club

Roger’s YouTube Channel - Roger That

BOOK - Rock Retirement  by Roger Whitney

Roger’s Retirement Learning Center