With all the variables such as market risk, longevity risk, taxes and more involved, a one size fits all approach such as the four percent rule no longer applies to retirement income planning. Today Dan and Aaron look at alternative ways of approaching planning that involve looking at essential and non-essential expenses and ways to assure guaranteed income for the former, as well as providing for growth and flexibility for the future.
The Harlow Wealth Retirement Hour is a long running radio program featuring advisors from Harlow Wealth Management, based in Vancouver, Washington. Chris Harlow, Dan Erickson and their team discuss topics related to retirement, areas to cover in an economic plan, and how such a plan can be individually tailored to meet the needs of any particular individual or couple.