What is the Ideal Safe Withdrawal Rates for YOUR Retirement, will YOUR Retirement Savings last?

Watch the video via the link below!

https://youtu.be/qHIFqPxmkXo

Welcome to another edition of the Money Mastery Unleashed Podcast Newsletter! I’m Adam Olson, a CFP with Mutual of Omaha, and I’m here to help you navigate the complexities of retirement planning.

In this week’s episode, we dive into the crucial topic of “How Long Will Your Money Last in Retirement?” Here’s a sneak peek of what we discussed:

Episode Highlights:

• Understanding Safe Withdrawal Rates
• Structuring Your Retirement Income Plan
• Key Considerations: Social Security, Pensions, and Tax Implications
• The Go-Go, Slow-Go, and No-Go Years in Retirement
• Balancing Withdrawals and Adjusting for Market Conditions

Weekly Challenge: Craft Your Personalized Retirement Income Plan

This week, I challenge you to take a proactive step towards securing your retirement by crafting your personalized retirement income plan. Here’s how you can get started:

1. Determine Your Retirement Income Needs:
2. Identify Your Income Sources:
3. Consider Market Conditions and Longevity:
4. Choose a Withdrawal Strategy:
5. Plan for Healthcare Costs:
6. Review and Adjust:

Resources:

• Episode Link: Listen to the Episode
• The Red Zone Retirement Plan Book: Available on Amazon and my Website
• Additional Episodes: Check out our episodes on IRMA tax brackets and other retirement planning topics.

Feel free to reach out with any questions or for personalized advice. Remember, planning for retirement is not a one-time event, but an ongoing process. Let's make sure your retirement years are as fulfilling and worry-free as possible.

Stay tuned for more insightful episodes and challenges next week.

Wishing you a secure and prosperous retirement,

Adam Olson, CFP Money Mastery Unleashed Podcast Mutual of Omaha

"Retirement income planning is crucial to ensure you don't run out of money during your golden years."

Key Takeaways:

• Safe Withdrawal Rates
• Sources of Retirement Income
• Retirement Spending Phases
• Planning for Long-Term Care

Learn more about Adam Olson by visiting the following links:

Facebook

Personal Website

Business Website

Disclaimer: This podcast is for educational purposes only and may include references to concepts that have legal and/or tax implications. It is not intended as legal or tax advice. Consult with your professional advisor for specific advice tailored to your situation. Securities and advisory services offered through Mutual of Omaha Investor Services Inc., Member FINRA/SIPC.

Investing involves risk, including loss of principal.??

?Be sure to understand the benefits and limitations of your available options and consider all factors prior to making any financial decisions.? Any strategies discussed may not be suitable for everyone.?

Securities and advisory services offered through Mutual of Omaha Investor Services, Inc. Member FINRA/SIPC.? Adam Olson, Representative.? Mutual of Omaha Investor Services is not affiliated with any entity listed herein.?

This podcast is for educational purposes only and may include references to concepts that have legal and/or tax implications. Mutual of Omaha Investor Services and its representatives do not offer legal or tax advice. The information presented is subject to change without notice and is not intended as an offer or solicitation with respect to the purchase or sale of any security or insurance product.

Mutual of Omaha Investor Services and its various affiliates do not endorse or adopt comments posted by third parties.? Comments posted by third parties are their own and may not be representative or indicative of other's opinions, views, and experiences.