How Long Will Your Retirement Savings Last?
Wade D. Pfau
One of the worst retirement planning mistakes you can make is withdrawing too much, too quickly from your savings in IRA, 401(k) or other accounts. If you spend down your savings while you're retired but could have worked and then run out of savings at an age when you can no longer work, you’ll be kicking yourself in later years.
Vernon, Steve, "How Long Will Your Retirement Savings Last?" (2014). In the News. 459.