Dollar Cost Averaging When Taking Distributions | DIY Money Video
In this episode of DIY Money, we tackle a common but misunderstood question: What should you do with your investments when you hit retirement?
Should you move everything to cash? Pull a lump sum at the beginning of the year? Or withdraw monthly while staying invested?
🔑 The answer isn’t one-size-fits-all — and it has everything to do with knowing yourself.
Here’s what you’ll learn 👇
⏳ Why your time horizon doesn’t end at retirement — it’s life expectancy
🎯 What target date funds really do once you reach retirement
💰 How to decide between lump-sum withdrawals or monthly distributions
🧠 Why psychology plays a bigger role than math in retirement withdrawal decisions
🛡️ The importance of security, cash reserves, and how much you need on the sidelines
Whether you're planning your retirement income strategy or helping someone navigate theirs, this episode provides a thoughtful breakdown of options and mindset.
And remember, the secret to wealth is pretty simple: live on less than you make, invest the rest, and do so for a very long time. Make it a great one!
📬 Have a question? Send it in to [email protected] for a chance at a $25 Amazon gift card!
___________________________________________________________________________
📲 Check Out Our Social Media Pages:
Facebook: link
Instagram: link
DIY Money Tribe: link
___________________________________________________________________________
DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing
Quint Tatro, Daniel Czulno, CFP®, Logan Gilland, CFP®, and Allie Howard take a passionate look at everything money, including budgeting, savings, investing, stocks, bonds, debt, and more. For those that enjoy Dave Ramsey, Jill On Money, Smart Money, and BiggerPockets, it’s worth a listen!
___________________________________________________________________________
📌 Related Hashtags:
#InvestingStrategy #TaxableAccount #StockMarketTips #FinancialPlanning #PersonalFinance #FinancePodcast #Investing #PersonalFinance #MoneyMatters#FinancialEducation #WealthBuilding #StockMarket #FinancialFreedom #Budgeting #RetirementPlanning #FinancialLiteracy #BusinessPodcast #EconomicNews #Entrepreneurship #MoneyTalks #DIYMoney #EmergencyFund #FinancialPlanning #SaveMoney #BudgetTips #PersonalFinance #RetirementPlanning #PersonalFinance #WithdrawalStrategy #TargetDateFunds #KnowYourself
___________________________________________________________________________
📌 Related Terms:
retirement withdrawal strategy, personal finance podcast, target date fund explained, monthly vs lump sum withdrawals, how to take money out in retirement, staying invested after retirement, psychology of investing, financial planning for retirement, safe withdrawal rate, how much cash to hold, fixed income vs equity, cash reserves retirement, DCA withdrawals, money market funds in retirement, retirement income planning, behavioral finance investing, DIY money podcast, personal risk tolerance, managing retirement anxiety, income strategy for retirees
___________________________________________________________________________
⏱️ Timestamps:
00:00 Introduction
02:26 Listener Question: Retirement Investments
04:23 The Misconception About Retirement as the “End Point”
07:14 Monthly Withdrawals vs. Yearly Lump-Sum Distributions
10:27 Psychological Aspects of Financial Decisions
12:56 Conclusion
___________________________________________________________________________
📝 Disclosures:
*This show is for entertainment and educational purposes only, and is not intended as personal financial advice. Before making any financial decisions, please do your homework and consult a financial advisor as needed.
