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Title: Retirees Are Rewriting the Rules on Spending Their Savings, Here’s the Strategy Fortress Capital Advisors Says Works Best Today

Longer lifespans, higher prices, and unpredictable markets are forcing retirees to rethink how they turn decades of savings into income they can rely on. Advisors say the old rule-of-thumb withdrawal rates simply don’t hold up anymore – not when many Americans now face 25 to 30 years of retirement and rising medical, housing, and lifestyle costs.Steven Neeley, CFP®, Senior Wealth Advisor at Fortress Capital AdvisorsInstead, some firms are turning to more adaptive, data-driven frameworks to guide real-life spending decisions – and one of the firms pushing this shift forward is Fortress Capital Advisors, a fee-only fiduciary firm based in Indiana.“Retirees today aren’t staying up at night over market swings,” says Steven Neeley, CFP®, Senior Wealth Advisor at Fortress Capital Advisors. “They’re worried about outliving their savings – and that requires a much more flexible and realistic planning approach.”A Shift Toward Dynamic Withdrawal FrameworksOne of the biggest changes in modern retirement planning is the move away from fixed withdrawal rates and toward guardrails-based systems, flexible frameworks that adjust spending based on portfolio health and market trends.Incorporating these guardrails into retirement income planning model, gives retirees signals for when they can safely spend more and when trimming spending may protect long-term sustainability. Some retirees underspend for years due to fear; others overspend too early. Guardrails aim to solve both problems.Social Security Timing Now Plays a Larger RoleAnother increasingly influential factor is when retirees choose to claim Social Security. The difference between claiming early and claiming strategically can amount to tens of thousands – sometimes more than a hundred thousand – in lifetime...

This press release is issued by King Newswire