What Is My Recommended Retirement Withdrawal Percentage?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 27 August 2025

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Transcript

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0:00.0	This episode is brought to you by SmartVestor. Connect with an investing pro near you at Ramsey Solutions.com slash SmartVester.
0:13.8	Jason is up next in Seattle, Washington. Jason, how can we help today?
0:18.0	Hi, I have a question about when you go to poll retirement.
0:23.5	So my wife and I currently are both 28, baby steps four, five, and six.
0:29.2	You're 28?
0:31.1	Yes.
0:31.8	And you're asking about the mandatory withdrawal?
0:33.9	Well done, brother.
0:35.4	No, not mandatory.
0:44.8	Not mandatory withdrawal, but when the stop market went down recently, it just got me thinking about it because I'm kind of a nerd.
0:46.8	No.
0:47.9	No.
0:48.9	Jason, we're the same person. It's fine. Don't listen to John.
0:52.2	So, I mean, right now we have about $125,000 in retirement, not including my wife's pension.
0:58.6	So I think we should be fine by the time we do retire.
1:02.2	Definitely.
1:03.5	But when, say, for example, this is a question I've never heard on the show.
1:07.7	Say, for example, we only have a million dollars in retirement.
1:13.9	Okay. And you only want to pull off of the growth of the nest egg and never touch the nest egg. Well, if a stock market returns
1:18.9	10%, you then pull, you know, $100,000. But the stock market only does 3%. Do you still want to pull
1:26.8	100 and leave you with 930 for the next year?
1:31.2	Or would you only want to pull $30,000 and never touch the nest egg?
	...

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