Your tax-advantaged retirement accounts are funds for retirement, so you should tap those funds once in retirement…right? The authors of today’s article argue that those accounts shouldn’t be relied on to fund the early part of retirement, but instead advocate a “two-phase retirement” where the first phase is funded by taxable funds and the second phase is funded by 401(k)/tax-advantaged funds. For their rationale – including why they “massively disagree with the conventional wisdom that people naturally spend less as they get older” – CLICK HERE.
