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June 13, 2024 21 mins

Retirement is a journey, and like any journey, it has its phases. Understanding these phases is crucial to ensure that you can enjoy your golden years without financial stress. In this episode, we’ll take you through the the essential stages of retirement planning: the go-go, slow-go, and no-go years.

Understanding these three stages will help you effectively manage your finances as you determine how much income you’re going to need along the way. This often overlooked dynamic of retirement planning will help ensure a comfortable and secure retirement so let’s take a closer look at each phase.

 

Here’s what we cover in this episode:

0:00 – Intro

3:30 – An overview of spending

8:19 – Spending by age data

15:40 – Longevity planning

19:18 – Rhino story

 

Want to connect with us?

https://listentoscott.com/

https://elevatemyretirement.com/our-team/scott-m-dougan/

913-393-4724

 

Watch the show on YouTube: https://bit.ly/3RiT7Ky

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