Page 183 - Ready Set Retire

Ready. Set. Retire!

In Conclusion

• Determine what you want your retirement to look like.
• Figure out how much money it will cost and when you

will need it.
• Evaluate what you currently have. Explore ALL your

options, including some you may have heard negative
things about.
• Allocate the amount necessary to income first, based
on the most efficient income products.
• Determine how much liquidity you will need, and put
it in safe liquid accounts. Don’t sweat the low returns,
this money is for liquidity, not growth.
• The remainder can go into the market for growth. Be
sure to understand your risk tolerance and have a
portfolio that respects that.
• Minimize fees and maximize returns by using a tactical
approach to investing.
• Back it up with a safety net like WealthGuard.
• Have a written income plan.
• Meet regularly with your advisor to be sure you are not
jumping off track, and if you are, to be able to adjust.
• Enjoy a worry-free retirement.

173