How to make it, spend it, and invest it

12 Feb 2019

Mastering Money 2/12/19

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There are hundreds of money decisions we all make on a regular basis, but most of them are short term, small in size, and have no lasting impact on our lives. The decision on how you will pay yourself a monthly paycheck in retirement, however, is the opposite—it is long term, large in size, and will have an immense impact on your life and your spouse’s! Get it wrong, and you have a problem. But it’s harder than you might think to get it right! So, what can you do? Well, there are two main income replacement strategies used by advisors according to industry studies. The first is the Systematic Withdrawal approach, the other is the Segmentation or Bucketing approach. Today, Steve will compare the two strategies in detail, to help you determine which is right for you. You don’t want to miss it! MASTERING MONEY is on the air!