Retirement planning is the flip side of the accumulation coin. It requires re-evaluating your portfolio and all the assumptions you've held for decades. It can be a tough message. Change is hard. Steve discusses the Dunning-Kruger effect whereby people buy into what they want to believe. 

Steve & Mark discuss the many future risks one must consider when planning for retirement. 

Steve & Mark discuss the many future risks one must consider when planning for retirement. 

Steve & Mark discuss the fallacy of having all one's money in a tax-deferred IRA.  Those who have been able to move their money from a 401K to an IRA have the ability to plan NOW for better tax efficiency in retirement. Steve & Mark tell you how.

Retirement planning isn't just about accumulating a nest egg. Planning for market drops, inflation and taxes as well as knowing how best to take your Social Security are key in the planning process. 

Retirement planning isn't just about accumulating a nest egg. Planning for market drops, inflation and taxes as well as knowing how best to take your Social Security are key in the planning process. 

Steve & Melissa talk about how people associate the amount of money they have with their worth as a person. Often this creates reluctance to enter into the planning process. Although creating an effective financial plan requires some liquid assets, Steve discusses how those with $200,000 - $400,000 can benefit from a meeting.  Financial planning begins by talking about YOU, not your money. 

Steve & Mellissa talk about how people associate the amount of money they have with their worth as a person. Often this creates reluctance to enter into the planning process. Although creating an effective financial plan requires some liquid assets, Steve discusses how those with $200,000 - $400,000 can benefit from a meeting.  Financial planning begins by talking about YOU, not your money. 

"You can't go wrong with someone once you've determined their selfish motive" and "WIFM". Listen to Steve & Mark elaborate on these and other concepts when choosing a financial planner.

This segment is a potpourri of insights into the scary side of retirement - spending money! Learn why "cracking the nest egg" is a frightening thought.