Many CRNAs and nurse practitioners are already financially ready to retire… they just don’t know it. And yet, they keep working three, five, sometimes ten years longer than they need to. Not because they have to, but because no one has shown them clearly that they’re okay to stop.

In this episode, Brett Fellows CFP® discusses four specific financial markers that show retirement readiness.

Brett covers:

• Sign 1: Your portfolio can cover your income gap at a safe withdrawal rate, even if the market doesn’t cooperate.
• Sign 2: Your tax-deferred accounts are large enough that you’d benefit from starting Roth conversions now.
• Sign 3: You have, or can build, two years of living expenses in cash or short-term bonds outside of equities.
• Sign 4: Your plan still works under the widow’s penalty scenario, when one spouse is gone.

If two or three of these apply to you, you may not be years away from retirement. You may already be there.

#CRNAs #NursePractitioners #RetirementPlanning #FinancialIndependence #WealthManagement

Key Timestamps:

(0:18) Retirement readiness for CRNAs and nurse practitioners.

(0:46) Overview of Oak Capital Advisors comprehensive planning.

(1:47) Introduction to four specific financial signals.

(2:14) Sign 1: Replacing your paycheck and the 4% rule.

(4:39) Sign 2: Tax problems within pre-tax retirement accounts.

(6:33) Power of Roth conversions during low-income years.

(8:19) Sign 3: Protecting against the sequence of returns risk.

(9:48) Sign 4: Stress testing for the widow's penalty.

(11:28) Summary of the four markers for retirement.

(12:36) Scheduling a complimentary discovery meeting.

For more information and resources related to this episode, please visit the show notes.