What is everyone's number one concern with the retirement?

It is, am I going to run out of money before I run out of life?

And it doesn't matter whether you have $100,000 in your portfolio,

a million dollars in your portfolio, $10 million in your portfolio.

I have spoken with people at all these different asset levels in that fear does not

automatically go away.

There's not a magic number where you no longer have this fear or this concern that

you might run out of money.

That's why in today's video, what I'm going to do is I'm going to tell you the actual likelihood that you will run out of money based on various withdrawal rates,

and then I'm going to walk you through an alternative approach that you can take.

What are the actual things within your control that you can do to minimize the likelihood that you ever run out of money. There was a study done

by Michael Kitsis. And in this study, Michael Kitsis looked at a 6040 portfolio. So a portfolio that was

invested 60% in U.S. stocks, 40% in bonds. And he looked at this going all the way back to 1870.

And he said, what if you were to take 4% per year out of this portfolio and then, of course,

increase that number with inflation?

And what he wanted to understand was what is the actual likelihood that you would run out

of money?

And of course, this is going to depend upon the time period.

If you retire and you have a wonderful 30 years of market environment, you're probably

going to do well.

But what about those instances where you don't have a great market

environment? What about when inflation is spiraling out of control? What about when there's

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