The theme this week on the One Minute Retirement Tip podcast is Get These 4 Things Right For A Successful Retirement. 

If you’re searching for how to set yourself up for a successful retirement, it’s important to understand and give pride of place to these 4 factors: longevity, lifestyle, liquidity, and legacy. This concept, known as the 4 L’s of retirement, was developed by the well-known industry author and retirement researcher, Dr. Wade Pfau. 

The purpose of the 4 L’s is to help you understand how these interrelated factors influence your decisions about how you spend your money, your time, and how you invest your money in retirement.

My hope is that you’ll come away from this week’s podcast episodes better able to think about your own retirement goals as they relate to these 4 things you’ll want to pay attention to as you approach and transition into retirement. 

So I’ll devote each day this week to breaking down one of these retirement success factors, and at the end of the week, I’ll share with you how you can bring it all together with a free worksheet from Wade Pfau and his team. 

That’s it for today. But before you go, I want to share with you a weekly theme I have planned and I need your help. It’s “ask me anything” week. Submit your question about retirement to me, and if I pick your question, I’ll read it and answer it on the podcast.                                                             

• What’s weighing most heavily on your mind as you approach retirement? 
• What obstacles are keeping you from where you want to be?
• Even if you just want my crystal ball predictions on inflation, the stock market, or interest rates, I’ll put my magic merlin hat on and answer your burning questions 

Just send me an email: [email protected]. That’s [email protected].

Thanks for listening! My name is Ashley Micciche...and this is the One Minute Retirement Tip. 

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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance, wealth management, retirement income planning, retirement income sources, retirement income, retirement income withdrawal, retirement spending strategies