))
The Retirement Risk Zone is the period of time that begins roughly 10 years before retirement and ends 10 years into retirement. During that time, you will make many of the most consequential financial decisions of your life, including your exact retirement date and age, when to claim social security, how to claim Medicare, how to reposition your retirement assets, as well as how to create an income from retirement savings. So much focus is put on the accumulation (Savings phase) of retireme ...
…
continue reading
In this episode I cover sequence of returns risk as thoroughly as one can cover it. The episode show notes include: What is sequence of returns risk? Sequence of returns risk is the risk of negative market returns near or during the time when you will take withdrawals from retirement assets. It’s particularly pernicious for people within 5-10 years…
…
continue reading
This episode will detail how we help clients understand when they can SPEND MORE in retirement. Retirement is all about matching how much you would like to spend, with how many years you expect to live, with how large a portfolio you will need to support that spending. The permission to spend problem arises bc of the amount of uncertainty around th…
…
continue reading
This podcast will cover all things social security. How social security works Explain 35 years of earning Full retirement age (what age it is) Early claiming (decreased benefit) Delayed claiming (increased benefit) How social security is taxed Explain the “Claiming decision” - factors to evaluate Other sources guaranteed income Portfolio size Early…
…
continue reading
In this episode we review a simple retirement formula that you can use to find the minimum amount of portfolio assets you would require on the day you retire. We call this formula the "Required Portfolio Income" formula. Required Portfolio Income is a fancy way of putting a dollar number to your expected distribution rate. Thinking only about distr…
…
continue reading
Avoiding retirement planning until JUST before you retire is extremely dangerous. To use an analogy we are all familiar with - it would be like waiting to lose weight until you have a heart attack scare. Planning for retirement is like turning the Titanic - not like turning a speed boat. You need time and runway to maneuver so that you don't make r…
…
continue reading
4 Things the Most Successful Retirees Do... In this video we are discussing four key things that decrease the anxiety in retirement. Have a system for: 1) Retirement Certainty 2) Retirement Reliability 3) Retirement Predictability 4) Retirement Frequency Listen to the episode to learn more. If you found this episode helpful, subscribe so you don't …
…
continue reading
