How Much Do I Need to Spend During Retirement?
Today I want to talk about one of the most important questions: how much will I need to spend during retirement?
Since 2020 members of the Ruedi Wealth team have been writing weekly investing and retirement planning columns for our local newspaper, The News-Gazette.
Today I want to talk about one of the most important questions: how much will I need to spend during retirement?
Most retirees have heard about the monetary benefits of delaying Social Security. But that didn’t stop roughly a quarter of men and women from signing up for Social Security at the earliest possible age (62) in 2024 per Social Security Administration data.
Hedge funds have a certain mystique about them, but they are often bad investments for typical investors due to their high fees and potential for their risky investment strategies to completely blow up.
As I was celebrating Independence Day this year, I couldn’t help but think of one of the pieces of financial jargon you may hear in the retirement and financial planning industry: financial independence.
As strange as it sounds, I often tell clients I hope they get a tough bear market early in retirement. That is because a bear market is the ultimate test of a retirement planning process.
There is no amount of money that can guarantee a person will remain wealthy.