Retirement Unlocked

Retirement Reality Check: Are You Spending Enough?

Listen Later

Many people are afraid to spend money during retirement because they worry they will run out, but in actuality, many people aren’t spending enough!

In this episode, Larry Heller, CFP®, CDFA® provides insight and education surrounding how much you can afford to spend once you retire. Listen as he highlights what you need to consider when determining your financial plan, and the different variables surrounding your age, health, expenses, investments, and income streams.

Learn along with Larry as he discusses: 

  • The importance of having a sound financial plan before you approach retirement 
  • Why you need to be familiar with your expenses and anticipated lifestyle 
  • How the Reservoir Strategy helps you prepare your time horizon while considering market fluctuations
  • The benefits of working with a Certified Financial Planner® 
  • And more

    • Resources: 

    • Investing with the Reservoir Strategy (Ep. 119)
    • Determining the Optimal Investment Asset Allocation For Retirees (Ep. 89)
    • “Do I Have Enough Money To Retire?” (Ep. 73)
    • Financial Resilience Assessment
    • Schroder’s Study

      • Connect with Larry Heller: 

      • (631) 248-3600
      • Schedule a 20-Minute Call
      • Heller Wealth Management
      • LinkedIn: Larry Heller, CFP®, CPA
      • YouTube: Life Unlimited with Larry Heller, CFP®
        • ...more
        View all episodesView all episodes
        Download on the App Store
        Retirement UnlockedBy Larry Heller
        • 5
        • 5
        • 5
        • 5
        • 5

        5

        6 ratings

        More shows like Retirement Unlocked

        View all
        Money Guy Show by Brian Preston and Bo Hanson

        Money Guy Show

        3,214 Listeners

        The Stacking Benjamins Show by StackingBenjamins.com | Cumulus Podcast Network

        The Stacking Benjamins Show

        1,978 Listeners

        Allworth Financial‘s Money Matters by Allworth Financial

        Allworth Financial‘s Money Matters

        845 Listeners

        Sound Retirement Radio by Jason Parker

        Sound Retirement Radio

        443 Listeners

        Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

        Your Money, Your Wealth

        806 Listeners

        Talking Real Money - Investing Talk by Don McDonald

        Talking Real Money - Investing Talk

        770 Listeners

        Money Tree Investing by Money Tree Investing Podcast

        Money Tree Investing

        679 Listeners

        Retirement Starts Today by Benjamin Brandt CFP®, RICP®

        Retirement Starts Today

        539 Listeners

        The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

        The Retirement and IRA Show

        751 Listeners

        Big Picture Retirement® by Devin Carroll, CFP® & John Ross, JD

        Big Picture Retirement®

        543 Listeners

        Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

        Stay Wealthy Retirement Podcast

        679 Listeners

        Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP® by Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®

        Retire Smarter with Kevin Kroskey, CFP® & Tyler Emrick, CFA® CFP®

        27 Listeners

        Ready For Retirement by James Conole, CFP®

        Ready For Retirement

        818 Listeners

        Retirement Planning Education, with Andy Panko by Andy Panko

        Retirement Planning Education, with Andy Panko

        994 Listeners

        Catching Up to FI by Bill Yount & Jackie Cummings Koski

        Catching Up to FI

        356 Listeners