Adjusting Your Retirement Plan for 2024’s Economic Challenges
2024 could be an interesting year for investing retirement assets due to the uncertain market conditions that persistent inflation, earnings fluctuations, and a Presidential election will impact. So, the question is: “Will my current retirement plan protect the value of my assets in a prolonged down market?” This highlights why retirement planning in Roseville will […]
Ep 17: Wealth Preservation vs. Income Generation in Retirement + How Much Cash Should I Have?
As we approach retirement, it’s crucial to shift focus from accumulating wealth to preserving it and creating a sustainable income. Determining the monthly income needed to cover your expenses and controlling your withdrawals is essential, but more complicated than it might sound. In this episode, Scott will break down the crucial difference between wealth preservation and income generation and then dive into the ideal amount of cash to have in your savings account.
