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. 

• The 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 

Podcast: https://podcasts.apple.com/us/podcast/control-your-retirement-destiny/id1438488254

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 

Get a Quote Today - https://www.stantheannuityman.com/annuity-calculator!