How New Retirees Can Spend More Without Risking Their Savings

If you’re newly retired or will join the ranks soon, it’s time to think about how you plan to spend your nest egg. Morningstar researchers are helping new retirees figure out where to begin. The recently published State of Retirement Income report concluded that the starting safe withdrawal rate for people beginning their retirement in 2026 is 3.9%. That number might appear low. However, the team has analyzed several strategies to lift it to almost 6%. Morningstar portfolio strategist Amy Arnott has investigated the data and joined the podcast to explain flexible withdrawal strategies. How Much Can You Spend in Retirement? Here’s Your Starting Safe Withdrawal Rate for 2026 On this episode: 00:00:00 Welcome 00:01:26 Understanding the 3.9% Safe Withdrawal Rate 00:02:33 How Flexible Strategies Lift Withdrawal Rates Up to 5.7% 00:03:48 Flexible Approaches for Retirees Seeking Predictable Paycheck-like Income 00:05:40 Inside the Vanguard Dynamic Spending Method 00:07:15 Highest Lifetime Spending & Highest Starting Safe Withdrawal Rate 00:09:20 Leaving a Legacy and Strengthening Your Portfolio 00:14:30 4 Financial To-Dos to Kick Off the New Year Watch more from Morningstar: Beyond AI: Are Quantum Stocks the Next Big Thing in Tech Investing? How to Generate Steady Income in 2026 All in on Magnificent 7? Where You Should Invest Next Follow Morningstar on social : Facebook X Instagram LinkedIn Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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How New Retirees Can Spend More Without Risking Their Savings is an episode from Investing Insights by Morningstar.

This episode is 00:23:54 long.

This episode was published on Jan 23, 2026.

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