How to Retire and Aim for the Same Standard of Living
I recently read an article that said retirees need 70% or more of their pre-retirement income to feel confident and enjoy their retirement years. Unfortunately, only about 25% of Americans are at that level, and many see a decline in their standard of living in retirement. What can you do to better your situation…
Indicator #4…Tax Planning
One of the most important things to me is to help you get to and through retirement with confidence. There are some indicators we’ve been talking about that may tell you that your advisor is not the right advisor for your retirement, and that maybe you need a second opinion. We’ve talked through three of…
Indicator #3…Healthcare
We’ve been talking about retirement advisor indicators. You may have an advisor, but is this advisor a retirement advisor? We’ve given a few indicators that can tell you that maybe they aren’t the right advisor for you and that you might need a second opinion. The reality in our world is that the financial…
Indicator #2…Income planning
We’ve been talking a bit about some things you might consider with your current advisor and when to get a second opinion. You may have an advisor who helped get you to retirement. They probably focused on growth and accumulation. The harsh reality is that this advice is not what I would suggest using for…
How Do You Know if Your Advisor is the Right One for You…
There are four indicators that can tell you whether your financial advisor is the right adviser to help you through retirement. Today we’ll talk about one of them. Several years ago, either MarketWatch or SmartMoney wrote an article with a title that read, “Your Current Advisor is Probably Not the Right Adviser for your…
3 Steps for Recession Protection
We’ve been talking about some of the things you can do to protect yourself in retirement, and when it’s time to get a second opinion. I have some ideas I’m going to share. I’m going to do a top-three list backward. In a previous segment, I shared the story of my brother-in-law Tim, who’s…
Why You Separate Income and Growth in Your Account
It’s tough times out there and I think a lot of people are concerned about their retirements. One big thing that you need to look out for is volatility. Volatility is a fancy word that makes me look smart, but it just means risk. There’s good risk, and there’s bad risk. Good risk is the…
What do you do?
We learned a little bit about my brother-in-law in our last segment. Some of the concerns he had probably hit close to home for you. We’re living in turbulent times, and it might be time to rethink your retirement plan and get a second opinion. Remember, an investment plan is not a retirement plan. …
How’s Your 401K?
When I visit my brother-in-law Tim, I take a plane. When Tim visits me, he takes his motorcycle. Every inch of his six-foot-five body is wrapped in leather. His luggage is packed away in saddle bags. In his rugged BMW designed for offroad riding he makes the two-day trek to have dinner with me and…
Solution…SBG 12% Bonus
The possibility of a recession is a big worry when you’re planning for retirement. Today’s market is full of storm clouds, and professionals are warning that a big recession is about to hit America. If you’re in retirement or nearing retirement, what are some ways that you can put yourself in a better position to…