Safety Liquidity Growth We believe these are the three fundamental aspects of money management. A sound retirement plan must provide a good balance of all three – safety, reliable income; liquidity, so that cash is accessible in emergencies; and growth, so that you beat inflation, grow your portfolio to replenish income needs, and leave an […]

You have dreams and goals for your retirement. The challenging part is uncovering if whether your expressed goals are realistic and attainable or not. One couple came to my office saying they wanted to retire in about five years, at age 60, and they wanted to pay for the kids’ college educations, and they wanted […]

Planning for unforeseen circumstances is a large part of thriving in Distribution Land. That’s probably a shift from what you are used to because previously there was time to recover if a circumstance arose that impacted your financial situation. But in retirement, things change. What about the retired couple who get a phone call one […]

Jerry seemed so eager to retire after a 35-year career. Jerry and his wife, Jean, moved to Florida. Later, in retirement, he came in for a visit. “If I knew this was what it was going to be like, I’d have never retired. I hate every minute. I hate it in Florida.” Jerry was unhappier […]

No doubt you have seen the acronym ROI, for return on investment. In Distribution Land, however, ROI stands for reliability of income. The conventional investment wisdom that may have served you well during your wage-earning years should be replaced with a more mature wisdom befitting this stage of life. You have a lot more to […]

I would like to share a story with you. An accountant and his wife recently came to my office to prepare for their retirement in a few years. They had about $2.5 million in CDs and bonds, and they had figured out how much they wanted in retirement income. They presumed all was well. But […]

In the process of retirement income management, the key is finding the right balance that suits the retiree. I talk often about how important that individual aspect is to retirement planning. (See link to Series 1, post 3 ‘Who Is the Client, You or Your Money’) Download: https://fwm.infusionsoft.com/app/linkClick/38075/67cd5e7a1593fbfd/949500/f9c6c1eaae1468fb Ideally, you need to know if you have […]