Time to Calm Your Fears About Running Out of Money- Episode 135
Fear can either be a great motivator to get things done, or it can cause a person to retreat, cover up, and hope the issue will go away.
People who are retired have many financial concerns, but their biggest fear (according to the research) is running out of money. This often causes them to either be frugal beyond all reason, or to ignore their finances completely and just pray it all works out. Neither option is ideal.
What if we told you that you may have a lot less to fear in retirement than you thought? What if you may be able to retire without having to grow your portfolio to the moon? Is that possible? Find out more from podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on this week’s episode of Managing Your Financial Future!
You should always seek counsel of the appropriate advisor prior to making any investment decision. All investments are subject to risk including the loss of principal. This material was gathered from sources believed to be reliable, however, its accuracy cannot be guaranteed.
Rick Plum is a registered representative with, and securities and advisory services offered through LPL Financial, a registered investment advisor and member FINRA/SIPC. The investment professionals are affiliated with LPL Financial and are conducting business using the name Lucia Capital Group, a separate entity from LPL Financial.