What If You Retire at the “Wrong” Time? – 261

What if you retire at the “wrong” time? It’s a question that sounds reasonable, especially when headlines suggest that market conditions should dictate when you stop working. But what does a “wrong time” even mean, and is it something you can actually plan around?

In this episode, Johnny Dean and Rick “The Professor” Plum, CFP®, take a closer look at the idea of a “retirement window” and whether your retirement date should actually depend on what the market happens to be doing at that moment. If the market drops right before you retire, does that mean you should delay? Should you REALLY cut your spending? Or is the real issue something deeper about how your income is structured in the first place?

Tune in and find out why tying your retirement decisions to market performance can create more problems than it solves, and how a properly structured plan may remove that uncertainty altogether.

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.