Retirement Talk Radio's Podcast

We spend most of our life saving and investing to accumulate as much wealth as possible before retirement, but there’s not nearly as much thought and research given to how you take that money out once you’re in retirement. Decumulation, in our mind, is one of the most important planning challenges because the fundamental nature of decumulation is much different from accumulating assets. In this episode, Laura Stover, RFC® and Michael Wallin, CFP® will identify the four unique risks that decumulation presents in retirement: sequence of returns, longevity, taxes and spiking expenses. We’ll take you through each of these individually and explain the potential problems that arise if you haven’t planned for them. That’s why we make sure our Redefining Wealth® process puts an income plan in place before you step into the decumulation stage. It’s essential to do that before you transition because of these risks and the huge issues they pose. You also want to have the right balance between the different types of inve