Managing Your Financial Future with Lucia Capital Group
Managing Your Financial Future with Johnny Dean and "Professor" Rick Plum, CFP® Brought to you by the advisors and investment professionals at Lucia Capital Group, a registered investment advisor. Integrating financial planning and investing decisions, designed to help you reach your own financial goals. Want the best tips on which hot stocks you should buy this week? Go somewhere else - we don't do that. It's all about planning, strategy, managing your future and taking control of your financial life. Securities offered through LPL Financial, member FINRA/SIPC.
Managing Your Financial Future with Lucia Capital Group
3 Things That Could Break Your Retirement Plan
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A retirement plan has to do more than just look good on a spreadsheet. It has to survive real life. Markets don't move in straight lines, family situations change, health can change, income can change, and if you have a plan that only works when everything goes smoothly, then you really don't have a plan.
Ask some questions: What happens when something important changes earlier than expected? What if a cost you hoped to avoid suddenly becomes unavoidable? And what if the assumptions behind your income plan turn out to be a little too optimistic at exactly the wrong time? The answers you give can reveal whether your financial plan has the ability to survive.
What are the 3 Things That Could Break Your Retirement Plan, and how might you build more resilience before they happen? Find out from podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on this week’s episode of Managing Your Financial Future!