The Money Professor with Chris Longworth

The Decumulation Phase


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In this conversation, Chris discusses the critical aspects of retirement funding, focusing on the importance of decumulation and income distribution strategies. He emphasizes the need for a defined distribution plan to ensure financial stability in retirement, addressing common pitfalls such as over-saving and under-spending. The conversation also highlights the risks associated with decumulation, including longevity and inflation, and the psychological factors that can impact financial decision-making. Ultimately, Nolan advocates for education and proactive planning to secure a comfortable retirement.

 

Call Chris Longworth and the team at The Financial Education Group at 800-719-7917 or visit wealthdefender.com.

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The Money Professor with Chris LongworthBy Chris Longworth