Mark Trautman, Bill Yount, and Becky Heptig dive into the Secure Retirement Income Process created by the co-host of The Retirement and IRA Show. The conversation contrasts the conventional 4% safe withdrawal rule with this alternative and delves into leveraging Social Security, pensions, and annuities for a steady income stream.
Highlighted topics include optimizing spending during 'go-go' years, bucket strategies for savings allocation, and creating a 'fun number' to enjoy life while ensuring financial security. The discussion emphasizes the importance of balancing present enjoyment with future savings.
It aims to guide listeners towards informed decisions for a financially secure and fulfilling life, stressing the need for planning for the needs of your future self, while allowing your present self to enjoy life to the fullest extent possible.
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Timestamps:
In this episode, Mark delves into financial planning for early retirement, specifically focusing on strategies to access funds before turning 59 1/2 without incurring...
In this episode Mark delves into his personal approach to post-retirement asset allocation, expanding on a discussion from his appearance on the BiggerPockets Money...
Mark hosts this week’s episode from Crested Butte, Colorado, discussing his recent travels, moving preparations, and the intricacies of tax planning. After a brief...