Can I maintain my current lifestyle in retirement? Does the 4.7% withdrawal rate apply or can I spend higher in the earlier years and lower in my later retirement years? Should I try for rental income now? When should I draw Social Security?My returns on my assets are fairly robust, with a compound annual growth rate of about 17%-18%. That will fluctuate over the long term.My current annual income is around $350,000-$400,000. My spending is relatively high at about $20,000 per month. This includes some shor ...

SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. I have $800,000 sitting in a money market account because I don’t know what else to do with it. My hope was that I could put it in something that can yield around 4-5% growth. I also have $900,000 in my 401(k) that is sitting in minimal-risk accounts with Vanguard. I will be turning 62 later this year and cannot afford to lose or go back to what happened to me in the early 2000s. - Kevin I completely under ...