Radio Show #21: The Three Phases of Retirement
Retirement is not a one-size-fits-all experience. It evolves through different phases, each with its own set of challenges and opportunities. In this week’s show, Scott and Shawn discuss the three distinct phases of retirement: go-go, slow-go, and no-go. Find out why each phase matters for planning and how to manage your finances as you move through retirement.
The meaning of each of these phases can vary from person to person, but in general, folks are checking things off their bucket list in the go-go years, being more selective with travel in their slow-go years, and possibly paying for long term care in the no-go years. Of course, with these phases come different financial responsibilities, and you have to plan for that
Tune in to hear about the importance of planning for longevity, the impact of lifespan on retirement, and how to manage your finances through each phase. Whether you’re in your pre-retirement years or already enjoying your go-go years, it’s never too late to start planning for a secure and enjoyable retirement.
Here’s some of what we discuss in this episode:
• Planning for longevity in your retirement.
• The five key areas of retirement planning.
• How your relationship to risk in your portfolio changes as you get near and into retirement.
• When should you consider Roth conversions?
• How your financial needs can change as you move through the three different phases of retirement.
Book a 15-minute discovery call with the team here: https://calendly.com/ask-bulmanwealth or ask questions via email at ask@bulmanwealth.com.
