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Many "basic" retirement plans only assume a flat level of retirement spending throughout retirement, but what we want to do is plan three phases of retirement spending, the go-go years, the slow-go years, and the no-go years, and we want to front load that retirement spending in the early retirement period to get the most value out of those dollars.
In this video:
- The "wrong" way to plan retirement spending
- The "right" way to plan retirement spending
- The three phases of retirement spending...
- Go-Go Years
- Slow-Go Years
- No-Go Years
- Two important WARNINGS when using this approach
- A case study to illustrate how much of a benefit this can be
Disclaimer: This video is for educational purposes only and does not constitute investment advice or financial advice. All information provided is for illustrative purposes only and you should not rely on such information as the primary basis of your investment, financial, or tax planning decisions. Every effort has been made to ensure the accuracy of its contents. No representations, warranties or guarantees are made as to the accuracy of any estimates or calculations provided. Nothing in this material should be construed as investment or tax advice, or a solicitation or offer, or recommendation, to buy or sell any financial product or securities. Before making any financial decision, you should review your situation with a financial planner.
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