A Closer Look At 20 ways to Maximize your 401k in 2016

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1. When You Retire Try Not To Withdraw Too Much

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[sc-ad-insert] Try as much as you can not to withdraw a lot of money once you retire. You should actually withdraw about 4% or 5%, each year to avoid minimizing your 401k.

However, if you retire at an older age, you can maintain a high withdrawal rate since you have a shorter retirement.

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