Keep control of your money, get regular payments
Vanguard Managed Payout Fund* is designed to give you regular monthly payments that, over time, keep pace with inflation. Because the fund also seeks to avoid drawing down your principal, your initial payment amount is based on an annual withdrawal of 4% of the money you invest.**
The Managed Payout Fund could be right for you if you:
- Want to balance the income you receive with the protection of your principal—for example, if you plan to leave a legacy.
- Want a consistent amount automatically withdrawn and sent to you monthly.
But keep in mind that another solution may be better if you think you'll need to withdraw varying amounts of money during retirement or if you need your initial withdrawal rate to be set higher or lower than 4%.
Spending your savings can be a lot more complicated than building them up. And many decisions you make at this stage are difficult or impossible to reverse. We can help you make sure you're doing the right things.
We're here to help
Talk with one of our investment specialists.
Monday to Friday
8 a.m. to 10 p.m., Eastern time