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
Are You Not Spending Enough in Retirement?
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Retirement planning often assumes your spending should start at one level and then rise every year with inflation. Sounds logical, right? But the reality is that many retirees spend more in the early years, when they are healthier, more active, and more eager to travel or enjoy the life they worked so hard to reach.
So are some retirees being too cautious with their money? Could a rigid withdrawal rule cause you to underspend during the years when money may matter most to you? And how do you balance the desire to enjoy retirement now with the need to protect yourself later?
It could very well be that you're not spending enough in retirement. Learn more from podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on this week’s episode of Managing Your Financial Future!