RETIREES ENDLESSLY debate how best to draw down their retirement savings, and yet it all comes down to two simple rules: Don’t spend too much each year, and don’t sell stocks during down markets.
How do we put these two rules into action? Retirees can pick from a host of withdrawal strategies, including the five popular choices listed below. You’d likely fare just fine with any of the five strategies—but that doesn’t mean you shouldn’t pick carefully.

Given the quality of the articles and the comments on Humble Dollar, I get the sense that people here are (A) much more financially literate than the average person, and (B) consequently, probably more financially secure. Yes – I’m painting with a broad brush regarding those assumptions, but I’ll bet they apply to the vast majority of regular content contributors /consumers on this site.
Given that, and given that I try to keep things simple, my question is this: Which are you more likely to run out of first: Money or time?

The three phases of retirement are often classified as “go-go”, “slow-go” and “no-go”. 
In the earliest phase (the ‘go-go’ years), it’s assumed many retirees will choose to focus on those activities that require good health and stamina. Often mentioned is the idea that most of the travelling a retiree desires to do should be done during these earliest years. 
As someone who retired at 55, I stand a good chance of spending more time in the ‘go-go’ years than most.

Adam Grossman’s last article, “Self Defense” really got me thinking. How would I deal with spending in retirement if my income was like most folks – investments and Social Security. I know the answer – not well.
In our house, the last workday of the month is still referred to as “payday,” the day my pension arrives at our bank. There are no withdrawal decisions, no looking at investments and thinking about the next month’s withdrawal. 

We sat down this afternoon and did an end of the year sort of recap of this year and started working on our end of year net worth. I wasn’t sure how things would go, but so far my estimates of how much we would spend were pretty close to actual spending. I was especially happy that the balances in our regular bank stayed pretty constant from last year to this. And all our investments grew.

Old age has its many downsides, but there are a few perks when you hit the “Golden Oldies” era.
The first time I remember one applying to me was years ago when I stopped by Taco Bell to pick up a quick lunch. The counter guy asked if I wanted a drink and when I declined, with a wink and a smile he said, “They’re free for seniors.” I was about 55 at the time, so I went home with a burrito and a bruised ego.

As Jonathan and others have pointed out, I apparently think differently about retirement, investing, money and yes, budgets and spreadsheets. Based on some past articles on HD, I also think differently about children’s college, and spending priorities, even travel, but at this age it is what it is.
Rick Connor’s analogy between satellites and retirement planning amazed me. I doubt I could compare with the Wright brothers, perhaps not even a hot air balloon – remind me to tell the story about us riding in a balloon and crashing in the Arizona dessert. 

WE’VE BEEN TAKING stock of our nomadic life. We’re quite happy living as we are. But we’re also conscious that things could change at any time for multiple reasons, and we’re ready to shift gears if needed.
We aren’t exactly “living the dream”—because being nomadic was never our dream. We hadn’t even thought about it until a few months before we started our travels. We officially uprooted ourselves—meaning we sold our Houston home—after we’d been away from the place for most of the first year of my retirement.

Many of us have an idyllic vision of what retirement will be like—endless days of relaxation and recreation.  But the rules of retirement are being re-written. This will come as no surprise given the changes in our culture and nation’s economy during the past several years.  It may also be a little unsettling to some, as there was some comfort in the knowledge that, after decades of working, you could retire and enjoy your remaining years in peace and tranquility.

In the 80’s when I started to learn about investing and mutual funds I would devour magazines and books on the subject. I even fell for some goofy newsletter that claimed to have market timing figured out. Now at age 72, with investments in index funds I’ve lost my passion for ways to get rich quick. I’m content with my investment mix, just doing the minimum to manage allocations.
I used to stay on top of changes to tax law each year and did my best to convey pertinent information to my friends and clients.

I had lunch with some friends from my old company last week and we discussed their retirement plans.  Many are delaying Social Security until FRA (full retirement) at age 67 or until age 70 to take advantage of the 24% increase over FRA.  The conversation then turned to strategies to bridge the 2-5 year gap between retiring and applying for SS.
If you delayed or plan to delay Social Security, how did you/will you bridge the gap between retiring and applying for SS? 

Your last day of work was Friday. You wake up Saturday morning and you are retired, just another retiree, a 65 year old senior citizen perhaps and some people instantly perceive you as low income as well, just because you are retired. 
But what is really different? You are still you, your personality has not changed, your habits have not changed, what you like or dislike hasn’t changed. You still like some people and others not so much. 

I’ve always been a growth investor. But as retirement nears I’ve been questioning whether it is better to stay investing for growth and sell some of it monthly for income or to invest in dividend paying stocks or stock funds for income.
Which is a better path to take and why? Thank you all as always for your input

I have a decision to make over the next year or two. Money is certainly involved, but it’s not primarily a financial decision.
Currently, our daughter is living with us while she saves up money to buy her own townhouse or condo. She’s a huge lover of cats (understatement of the year). A few years ago, I noticed the jet-black feral cat that hung out across the street at our neighbors’ home was carrying a kitten around by the neck.

My wife is retired and I will be retiring at the end of the year.  With pensions and SS we will have all of our expenses covered.         We have 300k in IRA accounts.  (50% Roth,50% Traditional) .  I don’t like the idea of buying an annuity so I am considering investing in Dividend stocks for additional income and reinvesting the income until the time would possibly come in the future that we might choose to use the income.