[DESCRIPTION: Prudential logo. On screen text. I am close to retirement, and will be starting withdrawals within 12 months - how should I be thinking about this?] [AUDIO:] [ Music ] >> I am Tiffany Sturm, a retirement counselor with Prudential. This is a question I've gotten a lot lately from individuals who are getting close to retirement. Here is what I tell them, be strategic. Remember, when you take withdrawals you don't need to sell investments across the board to generate a check. You can direct Prudential on what investments you specifically want liquidated therefore as stocks are down, you may consider taking withdrawal from your stable value and/or bond positions instead of your stock positions. This can be helpful extending the amount of time your assets may last because it may give your stocks enough time to recover. [DESCRIPTION: For more resources, visit www.prudential.com/links/about/covid19. This material is intended to provide information only. This material is not intended as advice or recommendation about investing or managing your retirement savings. By sharing this information, Prudential Retirement is not acting as your fiduciary as defined by the Department of Labor or otherwise. If you need investment advice, please consult with a qualified professional. Retirement Counselors are registered representatives of Prudential Investment Management Services L L C (P I M S), Newark, New Jersey, a Prudential Financial company. Retirement products and services are provided by Prudential Retirement Insurance and Annuity Company (P R I A C), Hartford, Connecticut or its affiliates. P R I A C is a Prudential Financial company. Copyright 2021 Prudential Financial, Incorporated and its related entities. Prudential, the Prudential logo, and the Rock symbol are service marks of Prudential Financial, Incorporated, and its related entities, registered in many jurisdictions worldwide. 1032694-00002-00. NOT01_AN_RE11_02. Prudential.]