How much you spend in retirement should be based on your goals, needs and net worth, as much as your desire to not outlive your nest egg. When you die, your nest egg could be almost as large if not larger than it was on your first day of retirement. That may appeal to you if your goal is to leave money for heirs, unless following the rule means compromising your lifestyle and well-being in retirement. By that he means, higher annual income and substantial money left over at the end of the 30 years. “It’s not just about getting employees to retirement but (helping them figure out) what to do once they’re in retirement,” Williams said.
