The ‘Fill the Gap’ Strategy Could Be the Key To Ensuring You Don’t Run Out of Money in Retirement

There are so many variables affecting a retirement budget that it can be difficult to ensure that you will actually outlive your income.

One solution to this problem that’s gaining popularity is the “fill the gap” strategy.

For many retirees, 401(k) and/or IRA withdrawals provide enough income to fill the gap.

If you’re not yet retired, be sure to tweak your projections in a way that makes sense.