In this episode, The Annuity Man and Dana Anspach discuss:

• Juicing your retirement money
• How can you know if you're "retirement-ready"
• What are some things you have to consider when setting up your retirement plan
• The four percent rule

Key Takeaways:

• Don't underestimate what more you can juice from your retirement plan. You might very well end up with hundreds of thousands of dollars by the end of it.
• You need to know what the risk factors are in the decumulation phase.
• Calculating the bigger picture of your retirement will help you make decisions that increase your probability of success and have peace of mind in the future.
• Reality is that you can't spend just a solid percentage in your retirement fund, there are circumstances that would have to be accounted for - like needing to buy a car, or having a health issue in the family.

"People are so focused on accumulating assets, which is relatively easy compared to the math you have to solve when you start drawing money out." — Dana Anspach

Connect with Dana Anspach:

Website: https://controlyourretirementdestiny.com/ | https://www.sensiblemoney.com/

Facebook: https://www.facebook.com/SensibleMoneyUS

LinkedIn: https://www.linkedin.com/in/danaanspach

Twitter: https://twitter.com/SensibleMoneyUS | https://twitter.com/moneyover55

Books: https://www.amazon.com/Dana-Anspach/e/B00GL9WC82%3F

Connect with The Annuity Man:

Website: http://theannuityman.com/

Email: [email protected]

Book: Owner's Manuals: https://www.stantheannuityman.com/how-do-annuities-work

YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g

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