đź’¬ Show Notes
In this episode, we tackle the essentials of retirement planning with an engaging discussion led by Roger Whitney. We explore the importance of prioritizing what truly matters in your retirement journey and how to create a resilient plan that secures your desired outcomes. Roger emphasizes that retirement planning is merely a tool to achieve a fulfilling life, not the end goal itself. Joining him is Nicole Mills, who shares insights and updates on Six Shot Saturday and reads listener questions about retirement. Don’t miss this enlightening episode!
OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN
- (00:30) Roger says retirement planning is not that interesting, but a means to an end.
- (01:41) Roger challenges listeners to take action on what is talked about THIS week.
PRACTICAL PLANNING SEGMENT
- (02:50) Retirement planning is a self-interested process.
- (05:28) What questions do you want to answer in a healthy way?
- (06:45) Now is the time to make sure you have a resilient plan.
- (10:54) How do we make a plan resilient?
- (18:30) Markets are at an all time high, don’t get overly optimistic.
LISTENER QUESTIONS
- (20:05) Nichole Mills joins Roger on the show.
- (20:45) We have some changes happening with Six Shot Saturday.
- (22:22) Listener TJ asks about building a bond ladder as he gets closer to retirement.
- (28:25) Jeff asks an optimization question about withdrawals from assets in retirement.
- (31:37) DJ is a new retiree and asks how Roger determines whether to make withdrawals annually, semi-annually, quarterly, or monthly.
- (36:30) Bill says he interviewed a financial planner and asks for clarification on fiduciary and non-fiduciary advisors.
ROCKING RETIREMENT IN THE WILD
- (39:30) Roger talks about his new segment.
- (40:45) Listener Jeff talks about his retirement, irrational fears of the unknown, and how his plan gave him confidence.
SMART SPRINT
- (43:50) In the next seven days, if you are within three years of retirement, get a resilient plan of record in place.
BONUS
- (45:40) Roger shares the next mission from his grandfather’s WWII journal.
REFERENCES
