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The Universal Truths of Retirement (Part 1)
Manage episode 379582244 series 3502935
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Dive deep in this two-part series, where we juxtapose the individuality of retirement plans with the foundational principles that remain consistent across the board.
Join us as Desmond tells you about 10 different retirement truths and how they can have an impact on retirement. This episode will tackle the first five and we’ll tell you why you need to account for each of these in your retirement plan.
Here are the five truths we cover in this episode:
- Everybody needs an income plan.
- Everybody needs a plan to address long-term care issues.
- Nobody can consistently time the stock market successfully.
- Nobody knows how long they’re going to live.
- Money sitting in cash isn’t keeping up with inflation.
Resources for this episode:
https://www.ssa.gov/oact/STATS/table4c6.html
https://www.crfb.org/blogs/just-how-big-are-federal-interest-payments
Contact Desmond:
Visit https://www.clcfinancial.com/ or call 910-323-5700.
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