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Dana Anspach: Juicing Your Retirement Plan (TAM Classic)
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In this episode, The Annuity Man and Dana Anspach discuss:
- Juicing your retirement money
- How can you know if you’re “retirement-ready”
- What are some things you have to consider when setting up your retirement plan
- The four percent rule
Key Takeaways:
- Don’t underestimate what more you can juice from your retirement plan. You might very well end up with hundreds of thousands of dollars by the end of it.
- You need to know what the risk factors are in the decumulation phase.
- Calculating the bigger picture of your retirement will help you make decisions that increase your probability of success and have peace of mind in the future.
- Reality is that you can’t spend just a solid percentage in your retirement fund, there are circumstances that would have to be accounted for - like needing to buy a car, or having a health issue in the family.
"People are so focused on accumulating assets, which is relatively easy compared to the math you have to solve when you start drawing money out.” — Dana Anspach
Connect with Dana Anspach:
Website: Control Your Retirement Destiny - Sensible Money
Facebook: https://www.facebook.com/SensibleMoneyUS
LinkedIn: https://www.linkedin.com/in/danaanspach
Twitter: Sensible Money (@SensibleMoneyUS) on X
Dana Anspach (@moneyover55) on X
Books: https://www.amazon.com/Dana-Anspach/e/B00GL9WC82%3F
Fun With Annuities Podcast is hosted by America’s Annuity Agent®, Stan Haithcock, The Annuity Man®. Hear brutal annuity facts with no sales pitches from the top independent agent in the country, licensed in all 50 states. Author of 7 books, Stan dives deep on all annuity types and strategies. It’s fun, learning the contractual truths on how annuities actually work and if they’ll fit your personal retirement lifestyle.
Listen in on how you can be livin’ the reality, not the dream. Listen and subscribe on Libsyn, Stitcher, Apple Podcasts, Google Podcasts, Amazon Podcasts, and Spotify.