In a previous video, we overview the four primary purposes for your retirement money. If you missed it, I suggest that you watch it here to give you some context for this video: FOUR FINANCIAL TOOLS OVERVIEW VIDEO In today's blog, I will dive a little deeper into the first purpose of retirement money, liquidity. How much is enough to put into this “bucket” and how does it get replenished over time? HOW MUCH IS ENOUGH FOR LIQUIDITY VIDEO If you have any questions about liquidity in retirement … [Read more...]

One of the most important skills in retirement is determining what to do with each dollar. The reality is, there are only four things you could do with each dollar, and so it is vitally important to understand what these four tools are so that you can make effective decisions on how to allocate your assets. In today's video we will overview the 4 Financial Tools: [embedyt] https://www.youtube.com/watch?v=fETHVEC9slc[/embedyt] Feel free to contact me if you have any questions. … [Read more...]

This week we tack part 4 of our 4-part series called "Don't Run Out Of Money".   This week will be talking about a third way that retirees can reduce the sequence of return risk...   [embedyt] https://www.youtube.com/watch?v=mR7z_iC92oQ[/embedyt]   If you have any questions please feel free to contact me. … [Read more...]

This week we tack part 3 of our 4-part series called "Don't Run Out Of Money".   This week will be talking about another way that retirees can mitigate the sequence of return risk... [embedyt] https://www.youtube.com/watch?v=dspTUv4EhtE[/embedyt] If you have any questions please contact me. … [Read more...]

Fidelity Investments releases a study each year estimating the out of pocket cost for healthcare expenses.   Their recently updated study for this year puts the tab at $275,000 for a couple during retirement (https://www.fidelity.com/viewpoints/retirement/retiree-health-costs-rise), which is $15,000 more than the last time they released their numbers.   This does not include the potential cost of long term care expenses, which added an additional $130,000. … [Read more...]