Tag Archives: Planning

In the last episode, Kevin answered a listener question on inflation. He explained why retiree spending patterns in part combat inflationary risk retirees face.

Now hear Kevin delve deeper into retiree spending patterns. If you don’t want to work longer than you have to or want to spend more in retirement, this is an episode you’ll want to listen to.

Traditional retirement advice of having a steadily increasing income for life is wrong for most. Rather, spending tends to decline with age at a real rate of 1% yearly although increasing healthcare costs at the end of life are common.

Carefully modeling these age-related changes and monitoring your plan over time will help you Retire Smarter. Continue reading

Your money today will buy less next year. This decline is due to inflation, which is often believed to be the silent killer for a retirement income portfolio over time.

After all the 4% spending rule had it’s worst result starting in 1966 — a time when inflation began to rise and peaked in the 1970s while economic growth was choppy at best. Might the future resemble this difficult time?

Hear Kevin answer a listener question on inflation and whether the high levels of government spending and rising deficits are likely to lead to high inflation. And, if so, what changes should be made to your planning and investing strategy? Continue reading

It’s not easy to hire a professional service provider. Even the most astute consumer only scratches the surface of truly understanding a profession they are not part of. The information gap is huge. So how do you ensure you find a competent and trustworthy advisor?

Hear Kevin nine questions to ask your advisor. He will unpack some of the industry gobbledygook, share disclosures from brand-name Wall Street firms that will surprise you, and help you become a more informed financial-advice consumer. Continue reading