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FAQ #37120

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I've been investing in mutual funds for a number of years for my retirement. How do I turn those mutual funds into a regular income stream when I retire?

Related resource areas: Personal Finance


You can cash in your mutual fund shares to buy an annuity, or you can set up an automatic withdrawal plan with the mutual fund company. You can use a financial calculator to get an idea of how long the money will last. Remember that, with the exception of tax-free (municipal) bond funds, every time you make an investment withdrawal, there is a taxable event (i.e., a capital gain or loss).

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