There’s nothing wrong with wanting a strong rate of return. The problem starts when “the best return” becomes the plan, especially once you’re close to retirement and your portfolio has a job to do beyond just growing. 

The reality is that chasing returns and chasing yield can turn normal market volatility into real, permanent risk for you. Retirement planning is less about treating your entire portfolio as one big performance engine and more about matching different dollars to different time horizons and goals. Sound familiar? 

So what should a retiree focus on instead of headline performance? How about a steady, sustainable source of cash flow that helps you stay calm, stay invested, and keep compounding working in your favor? Learn more from podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on this week’s episode of Managing Your Financial Future!