By Allen Giese, ChFC®, CLU®
I’ve been a financial advisor for a long time—over 25 years. And over that time I’ve helped more people than I can count make better decisions about their retirement planning. But here’s the thing—over that time I’ve seen what people definitely regard as their most important concern. This is the one thing they want to know more than anything else.
They want to know that they aren’t going to outlive their money. That’s it. Your money has to last longer than you do. Right? Because if you outlive your money, it’s a total fail. So that’s what I call Rule No. 1: You simply cannot outlive your money.
Unfortunately, all too often I’ve had to tell people asking me, “Am I going to outlive my money?” that the answer is “Yes, you probably will outlive your money, especially based on what you’ve been doing with it.”
But the good news is, that answer can change—and the earlier, the better. Now, whether retirement is 20 years away or one year away, there are steps you can take now to improve and increase the probability that your money will last as long as, or longer than, you do.
If you’re interested in seeing what you can do to create a better retirement for yourself, download my ebook. It’s called The Most Critical Question in Retirement Planning, and it’s free—and will help you with more than Rule No. 1.
Download the ebook here: https://ebook.northstarplanners.com/most-critical-question-in-retirement-planning
The ebook will help you figure out what kind of retirement lifestyle you’ll be able to enjoy, when you should consider taking Social Security and the impact it’ll have on your retirement, how you should be investing your nest egg and how to get retirement income from it, as well as ideas on what you should be doing about your will and estate plan and just a whole lot more.
So there are a lot of questions that need to be answered along the path to having a great retirement. The answers aren’t always easy to come by, but if you are willing to put just a little effort into it, you can make a big difference in your own retirement plan. And this ebook will help.
Thanks for watching, and remember: You can make a positive difference in your retirement, and it’s not hard—it just takes a little effort!