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  1. Home
  2. Glossary
  3. Decumulation
GlossaryRetirement & Wealth Building

Decumulation

The retirement phase of spending down your investments to fund living costs — the opposite of the accumulation phase.

Appears in these guides

  • Retirement Drawdown & Sequence RiskRetirement & Wealth Building

Related terms

4% RuleAnnuityCompound GrowthEmployer MatchFinancial IndependenceFIREPensionSequence RiskTax ReliefTax Wrapper

Related lessons

intermediateRetirement & Wealth Building

How Much Do You Need to Retire?

How big does your pot need to be before you can stop working? The famous 4% rule and its '25x' shortcut give a powerful starting answer. Learn where the rule comes from, how to estimate your own number, its important limitations, and how the State Pension and other income change the maths.

intermediateRetirement & Wealth Building

The Impact of Fees

A fee of 1% a year sounds trivial — until you see what it does over a lifetime. Because fees compound against you, the difference between low-cost and high-cost investing can be a third of your final wealth or more. Learn the types of fees, why they matter so much, and why keeping costs low is the one guaranteed edge in investing.

intermediateRetirement & Wealth Building

FIRE: Financial Independence, Retire Early

FIRE — Financial Independence, Retire Early — is a movement built on a striking insight: your savings rate, far more than your income, determines how soon work becomes optional. Learn the maths of financial independence, the flavours of FIRE, the real criticisms, and why its core principles make everyone wealthier, early retirement or not.

Ironclad Research provides educational content only. Nothing on this platform is financial advice, a recommendation, or an offer to buy or sell any security. Always do your own research and consider professional advice before making financial decisions.