Ep. 239 - What It Really Means If Your Wealth Is Growing in Retirement
About this episode
The episode discusses the importance of having a structured withdrawal strategy in retirement to avoid passing away with unchanged wealth.
Without a clear plan, many retirees end up passing away with about the same amount of money they had when they retired, or even more. Why? Because they have been living off pensions and Social Security, only withdrawing interest and growth as required by RMDs. In this episode, Kirk and Paul explain why that often was not the original intention. They explore how two key issues, a lack of a structured withdrawal strategy and anxiety about outliving your money, often lead to this unexpected outcome. Retirement Education Foundation is a Fiscally Sponsored Program of United Charitable, a registered 501(c)(3) public charity. This information is for educational purposes only and is not to be considered tax, legal or investment advice. Kirk Cassidy and Paul Metler are financial advisors. Retirement Education Foundation does not offer financial services.
More episodes of Retirement Education Hour
- Ep. 244 - Asset Allocation in Retirement: Why the Timing of Your Money Matters
- Ep. 243 - Understanding Roth Conversions in Retirement
- Ep. 242 - What You Actually Need to Know to Retire
- Ep. 241 - Tax-Smart Retirement: Advanced Strategies to Keep More of What You’ve Earned
- Ep. 240 - Anxiety in Retirement: How Analysis Paralysis and Loss Aversion Impact Your Finances
- Ep. 238 - Learn to Recognize the Risks Many Retirees Miss
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