Retire Right With Brad White

We know a lot you have questions about the market, and how your money is doing with everything that’s been going on. So today you’ll hear a lot about Epstein & White's Retirement Income Master Planning Process and how it could help you get some answers.

Oh, to live a life of luxury without a care in the world. Wouldn’t it be nice to live the Lifestyles of the Rich and Famous? But is it all really champagne wishes and caviar dreams? And what can we learn from those who went from riches to rags?

Does the thought of outliving your savings keep you up at night? You're not alone! The fear of outliving retirement savings is one of the biggest concerns for many many retirees. Brad White shares some ways to help address some of the biggest money concerns that people have in retirement.

A phone call or website can seem so impersonal. Or worse, it could be a financial scam. At least, those are possible thoughts one may have before they visit someone to handle their finances in retirement. It can be a scary thought to go out there and do something new. So, to help provide more confidence to face the unknown, this show will focus on what the process is like for a potential new client first meeting with a financial professional and what this meeting and process may entail.

If you are retiring soon or recently retired, it’s time to shift the fundamental reasoning for how you invest your dollars. Moving from your working career and “paycheck” mode into retirement and “distribution” mode is a serious deal. You might not realize it right away, but when you go from adding to your portfolio and retirement nest egg to taking from it regularly for retirement income, the impact can be felt suddenly. It’s normal to have some hesitancy when it comes to transitioning your investments to coincide with this new phase of your life. Up until now, you have been investing for two primary reasons, to save money and to grow money. Now it’s time to shift that mentality into keeping as much of your money while you spend it. When we think about retirement and what you need to focus on with your money, four things often come to mind, and we think that everyone in retirement needs at least these four things in their plan in varying levels – Protection, Liquidity, Growth Potential, and Income.

If the year 2020 has taught us anything, it’s that income is critical. There are all sorts of ways to make money and earn a living while you’re working. But when you’re retired, the choices are different. Today’s show is all about what you should know about creating income in retirement.

You visit your doctor every year for your annual check-up to stay healthy and to be aware of any potential issues when it comes to your health. Why should your financial health be any different? That only multiplies in importance once you get in retirement, because you’re no longer earning a paycheck. This show examines what you need to be aware of to be cognizant of your financial health in pre-retirement and retirement.

First, it was the SECURE Act that passed at the end of 2019. Then the Coronavirus happened sending the markets and the economy into a tailspin. We may be only talking about a couple of months here but planning for retirement has changed because of recent events. So, what will be the new normal? We’re less concerned about a new status quo and more concerned that your retirement plan is designed to withstand any challenge in retirement.

Preparing for retirement is discussed so often, that sometimes we can neglect the instances where retirement is suddenly thrust on someone because of unforeseen complications, like a health-related problem. This show dives into that scenario and what can be done to help ensure a comfortable retirement for the retiree. It also discusses the inverse of that scenario, the person who doesn’t want to retire. Either way, important information is doled out to help you plan for a happy and comfortable life, whether you decide to retire or not.

When times get tough, it’s easy to get overwhelmed by feelings of doubt. But is that really the best way to succeed? Today we’ll talk about how you can make a shift to focus on the silver lining in the darkest of days, and how to identify opportunities for success in challenging times.