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, three things come to mind, and we think that everyone in retirement needs at least these three things in their plan – Safety, Liquidity, and Growth Potential. The Retirement Ready radio show is featured every Saturday on WTMJ 620 AM at 1:00 pm. We will bring you information on: Social Security options, retirement trends, options to retire with life changes and achieving a secure financial future. Listen live: www.wtmj.com/listen-live Investment advisory services provided by Drake & Associates, LLC, a State of Wisconsin registered investment adviser. Insurance products are offered through a separate company, LOFT Financial Advisory Group, LLC, a Wisconsin Insurance agency, clients are under no obligation to purchase any recommended insurance products. Advice and opinions expressed during Retirement Ready are solely that of the hosts or guests of Drake & Associates, LLC and not WTMJ Radio or Good Karma Brands Milwaukee, LLC.