Save time with our cheat sheets, fact sheets, checklists & books!

February 16, 2009

Retirement Spending Phase

Your Guide



The period during which an individual spends the retirement savings that he/she accumulated to finance his/her retirement. In an ideal situation, the spending phase occurs after the individual has retired. However, in this era where an increasing number of individuals are experiencing working-retirements, the spending-phase and the accumulation phase sometimes occur concurrently.

Referring Cite


Additional Helpful Information

During the spending phase, an individual must take care to implement a strategic spending program, where a determination is made as to the most financial-effective order his/her assets should be spent. For instance, in which taxable (tax-deferred) , non-taxable and trax-free assets should be spend.

Written By

Denise Appleby

Denise is CEO of Appleby Retirement Consulting Inc., a firm that provides IRA resources for financial/ tax/legal professionals. She has over 20 years of experience in the retirement plans field, which includes training and technical consultation.

Denise writes and publishes educational /marketing tools for advisors; available at Denise co-authored several books on IRAs

Denise is a graduate of The John Marshall Law School, where she obtained a Masters of Jurisprudence in Employee Benefits, and has earned 5 professional retirement designations.
She has appeared on numerous media programs, sharing her insights on retirement tax laws.


Keep Learning

Annual Benefit Limit

Definition The annual benefit limit for defined benefit plans is the lesser of: A) 100% of the participant’s average compensation for his or her highest

Be among the first to know when

IRA Rules