Turning a Corpus into Retirement Income

Most retirement conversations focus on accumulation, how large a corpus to build. Just as important, and often overlooked, is decumulation: how to convert that corpus into dependable income that lasts.

The core tension is between drawing enough to live well and drawing so much that the corpus depletes too soon. Inflation quietly raises the bar each year, so a plan has to account for rising costs, not just today's expenses.

Asset allocation doesn't stop mattering at retirement. A mix that balances stability with some continued growth helps income keep pace with a retirement that may span decades.

This is precisely the kind of question a plan answers better than a product. Reviewed regularly, a withdrawal strategy can adapt to markets, health and changing needs.