The average cost of retirement is 2.5 times the cost of your house, or 9 times the cost of college! How can one rely on more than hope to reach their retirement goals? Plus, Andy gives some insight on the biggest threat to retirement plans.
Radio Show Highlights
A New Hope vs. A New Plan – Trying to reach a goal without any sort of plan is simply “raw hope”, which has no place in your retirement planning. Andy offers a way to get started on a real plan.
Ask Andy: Risk Assessment – Lee calls in from Grand Rapids, and he’s curious about differing returns from multiple advisors, though seemingly using the same approach to risk tolerance.
The Enemy of Retirement Plans – Inflation can have a huge impact retirement plans, so what is needed to outpace inflation and not run out of money in retirement?
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