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Kiplinger
Kiplinger
Business
Donna Fuscaldo

Scared of Outliving Your 401(k)? The 'Me-First' Rule Helps Keep Your Bills Paid No Matter What Stocks Do

3CHMYKB Couple smiling at home, discussing wedding plans with laptop and coffee mugs.

Spending your hard-earned cash in retirement can be a scary proposition. Without a paycheck coming in, it’s easy to worry about running out of money. Add volatility in the stock market, and it can be what nightmares are made of.

But it doesn't have to keep you up at night. There are ways to protect your money from those nightmare scenarios, including the "me-first" (sometimes called flooring) rule of retirement spending.

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