How to spend down your money may be the missing link in your retirement plan.

Nearly two-thirds of savers approaching retirement don’t have a strategy for which assets to tap first, according to a report from Ameriprise, which surveyed 1,300 baby boomers age 55 to 75. Among those already retired, one-third don’t have a draw-down strategy.

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cnbc.com

Written By: Kelli B. Grant