It seems that people have different definitions of “safe money” as it relates to their savings. Let’s discuss some of those varying explanations of the term and why it’s an important conversation for any retiree or pre-retiree to have.
Check out the full show notes for this episode: http://betzelwealthadvisors.com/2019/06/the-real-definition-of-safe-money/
Tactical Points:2:09 How do people define safe money?
4:06 Do most people understand how much risk or safety they have?
6:40 A client example
10:33 IRA and 401(k) contribution limit increasing
12:59 Summer plans
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