3 Things That Could Break Your Retirement – 269

A retirement plan has to do more than just look good on a spreadsheet. It has to survive real life. Markets don’t move in straight lines, family situations change, health can change, income can change, and if you have a plan that only works when everything goes smoothly, then you really don’t have a plan.

Ask some questions: What happens when something important changes earlier than expected? What if a cost you hoped to avoid suddenly becomes unavoidable? And what if the assumptions behind your income plan turn out to be a little too optimistic at exactly the wrong time? The answers you give can reveal whether your financial plan has the ability to survive.

What are the 3 Things That Could Break Your Retirement Plan, and how might you build more resilience before they happen? Find out from podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on this week’s episode of Managing Your Financial Future!

The opinions voiced in this show (program; podcast) are for general information and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to make a decision.