u/SV_Gato

I’m interested in any lessons learned from those that reduced their withdrawal % leading into last few years of retirement.

Bottom Line: I either need to promote or lower contribution % in order to give myself a raise. I did some projections and reducing my withdrawals by 7% would give me a “raise” equivalent to that of my next grade (and then some). The long term impact seems minimal, about $75K less at time of retirement using 9% average return. Having an extra ~$750/month would be nice!

I’m in the last few years of retirement and am starting to read on withdrawal strategies. So far, the Barbell Strategy seems like the best option for me. Gist is to funnel sufficient funding (30%) for set number of years where one can deduct from G fund while maintaining remaining 70% in C fund or whatever fund you choose. This ensures (in theory) to secure funding for next few years while still investing in higher yielding stock and allowing opportunity for market corrections.

I welcome any other strategies that you might share!