Navigating Retirement with Millions in Savings: Expert Advice Needed.

A couple with $4.5 million in savings is wondering about the best way to take their distributions in retirement. While the 4% rule is a guideline, it's important to calculate how much you expect to spend in retirement and see what percentage of your total retirement savings that actually is. Be aware of the "sequence of returns" risk and consult a qualified financial planner and/or an accountant to help you run the numbers. Consider making Roth conversions to be beneficial as your taxable income drops. Some advisers suggest pulling six to 12 months' of monthly expenses in a money-market account and then creating a paycheck effect. Keep in mind how many variables can change over the course of your retirement.