After The Paycheck

When you change employers or enter retirement, you likely have four choices of what to do with your retirement account. Most of these steps will be the same whether your retirement account is a:

• 401(k)
• Profit Sharing Plan
• Cash Balance Pension Plan, 403(b)
• 457 retirement account

What are those choices, and what are the pros/cons of each choice?

In this episode of After The Paycheck, Ryan and Adam discuss the options you have with old retirement accounts and what are some factors you may want to consider before making the choice that is best for you.

Do dividend-paying stocks still play a role in retiree portfolios today?

In this episode, John & Adam discuss the cause-and-effect relationship dividend-paying stocks can have on your income in retirement.

Sam and Adam discuss five tips for making a retirement income drawdown strategy, and also discuss other factors you need to consider, including:

• Your marital status
• Your savings
• Your life expectancy
• The kinds of retirement accounts you have
• What you think your expenses will be in retirement

So, before you start running to the Social Security office and filling out that paperwork on your 62nd birthday, take a moment to consider if it's in your best interest to start making those withdrawals as soon as you're eligible to do so.

In this episode Ryan and Adam cover five common phrases/rules of thumb often repeated on the topic of retirement planning, and explore reasons why that phrase may or may NOT be a great fit for your retirement planning situation:

• Your Current Age Should Be The % Of Your Portfolio In Bonds
• The 4% Rule
• Taking Big Risks For Big Rewards
• Tax-Deferred Retirement Accounts Are The Best Way To Grow Your Retirement Savings
• Your Expenses Diminish in Retirement So Your Don't Need As Much Income

You may have heard this before, but if you think your retirement situation will be similar to that of your grandparents or parents, you may be in for a rude awakening.

In this episode, Sam and Adam discuss:

- WHAT these challenges are

- Why they might affect your retirement planning situation

- How you can address each challenge today