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, recorded in front of a live audience at CampFI Mid-Atlantic in Virginia, Mark is joined by co-host Megan Combs of the...
This show, hosted by Mark Trautman, CFP® aims to provide an educational resource for people eager to master their personal finances. The content covers...
In this episode Mark discusses the crucial role of an Investment Policy Statement (IPS) in guiding investment decisions and maintaining a long-term perspective during...