This week's blogpost - https://bahnsen.co/4lCcyvy

The Stages of Retirement: Strategies for Go-Go, Slow-Go, and No-Go Years

In this episode of the Thoughts on Money Podcast, host Trevor Cummings and guest Blaine Carver discuss financial planning for retirement, breaking it down into the 'go-go,' 'slow-go,' and 'no-go' years. They explore how spending patterns and needs change throughout each phase and stress the importance of flexibility in financial planning. Topics covered include the spending smile, asset allocation, social security strategies, and the significance of tax optimization. The episode emphasizes personalized planning and the relevance of continual reassessment to adapt to evolving needs and circumstances.

00:00 Welcome to the Thoughts on Money Podcast

00:14 Blaine's Hiking Adventures and Retirement Phases

02:42 The Go-Go, Slow-Go, and No-Go Years of Retirement

03:49 Financial Planning: Beyond the Paperweight Plans

07:36 The Spending Smile and Its Implications

13:01 Tax Strategies and Portfolio Withdrawals

16:22 Diversifying Retirement Accounts

17:19 Understanding the Logo Years

18:42 Long-Term Care and Charitable Planning

20:22 Navigating the No-Go Years

23:03 Simplifying Estate Planning

26:46 Final Thoughts and Listener Engagement

Links mentioned in this episode: