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Retirement can feel far away until suddenly it isn’t. Once retirement goes from “someday” to next year, the questions change. Instead of asking whether you’re saving enough, you need to know whether you’re actually prepared to start living off the wealth you’ve built.

Call us at 920-672-4232 or visit meritfinancialadvisors.com/build-a-better-plan to start building a plan that helps you live retirement with clarity, purpose, and confidence.

In this episode, we walk through five of the most important steps to take before making the jump into retirement. It starts with something that has little to do with money: creating a vision for what you actually want your retirement to look like. From there, we explore how that vision can help shape a flexible spending target and give the rest of your financial plan a clear destination.

We also cover how to build a forward-looking tax strategy, create a 10-year liquidity plan for your retirement income, and pressure test your plan against bear markets, inflation, higher taxes, and other potential risks. The goal isn’t to create a plan that can survive every imaginable scenario. It’s to understand where your plan is vulnerable and build enough flexibility to adapt when circumstances change.

If you’re planning to retire within the next year, these five steps can help turn a collection of investments and savings into a retirement plan you can actually feel prepared to live with.

Timestamps:
0:00 – When Retirement Gets Real
0:42 – Design An Ordinary Retirement Day
3:32 – Build A Flexible Spending Target
6:57 – Create A Smarter Tax Strategy
11:38 – Map A 10-Year Liquidity Runway
15:02 – Stress Test The Plan And Commit

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Always remember, “You Don’t Need More Money; You Need a Better Plan”

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📈 Talk with us about your retirement plan here: https://www.meritfinancialadvisors.com/build-a-better-plan/

📚 The New 60/40: How the Next Generation of Retirees Can Achieve Radical Financial Freedom through Better Safe Investing – https://www.amazon.com/New-60-Generation-Financial-Investing/dp/B08H6TCMFN

Merit Financial Advisors – Headquarters
2400 Lakeview Pkwy, Suite 550
Alpharetta, GA 30009

For more information, please visit www.meritfinancialadvisors.com.
Full Disclosure: Nothing on this YouTube video should be considered advice, research, or an invitation to buy or sell securities. For a full disclaimer, please refer to the terms and conditions in our firm brochure.
Investment advice offered through Merit Financial Group, LLC, an SEC-registered investment adviser.

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