The theme for this week is the 4 L’s of retirement. When planning for your retirement, the 4 L’s can be a useful tool to think about and prioritize your retirement goals within the context of 4 seperate, but related factors. These 4 L’s were developed by retirement researcher, Wade Pfau.

The 4 Ls of retirement are longevity, lifestyle, liquidity, and legacy. In the previous episodes this week, we addressed each of the 4 L’s in detail. Today, we’re bringing it all together.

Thinking about your own retirement with the 4 L’s in mind allows you to build a framework that guides you toward prioritizing these 4 goals in your life.

In the show notes of this episode, episode 209, I’ll link to a free worksheet from the creator of the 4 L’s, Wade Pfau: http://download.retirementresearcher.com/hubfs/RIO/Packet%202%20-%20Your%20Retirement%20Income%20Optimization%20Action%20Plan.pdf

If you want to go deeper in exploring the 4 L’s, this multi-page worksheet will help you better understand how to use the 4 L’s to help you achieve your most important goals for your retirement.

That’s it for today. Tomorrow, we’re going to recap the week and I’m going to give you a little preview of next week’s theme.

My name is Ashley Micciche and this is the One Minute Retirement Tip.

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