College of Retirement: Recent Episodes
Cody Murray
In this episode of College of Retirement Podcast we dive into the various risks that retirees may face during their golden years. From market downturns and inflation, to unexpected healthcare costs and longevity risk, we'll discuss strategies for mitigating these risks and ensuring a secure financial future. Whether you're planning for retirement or already in it, this episode will provide valuable information to help you stay on track and achieve your financial goals. Tune in and learn how to retire smart and live your best retirement.
https://www.soa.org/49b4e9/globalassets/assets/files/resources/research-report/2020/post-retirement-strategies-secure-chart.pdf
Retirement Planning Guidebook, Dr Wade Pfau
www.longevityillustrator.org
Just like how personality tests help you learn more about yourself and can help you live your best life, knowing your retirement income style can set you up for a successful retirement.
www.risaprofile.com/guidebook
Read more about retirement income styles at The College of Retirement blog.
Retirement is a complicated and critical phase in one's life. There are dozens of decisions that require an expert level of knowledge. The Retirement Degree will help educate and inform you so you can make the best decisions for your retirement and live the life you've planned for.
5 questions to ask yourself before investing?
Invest:
Def 1
expend money with the expectation of achieving a profit or material result by putting it into financial schemes, shares, or property, or by using it to develop a commercial venture.
Def 2
devote (one's time, effort, thoughts, energy, or anything other resource) to a particular undertaking with the expectation of a worthwhile result.
- What is the minimum desirable objective? What are you solving for?
- What sum of resources can I anticipate expending?
- What is a reasonable expected result?
- What alternatives exist? Is there a different way to accomplish my objective?
- How does this help me accomplish my ultimate goal?
Elon Musk offers his take on how important actively seeking out negative feedback is.
https://youtu.be/R3iagXcrjzU