The majority of the investment planning you do for retirement is aimed at long-term success, but what can you do with the money you’ll need in the next few years? You don’t want to put those funds at risk when there’s a major purchase like a wedding or a new car coming in the near future.

So what can you do with that money to keep it from being stagnant in the interim? This show will discuss the pros and cons of traditional banking, money markets, fixed annuities, and structured notes.

Here’s what we discuss in this episode:

0:00 - Intro

1:10 – Putting money in the market for a short-term investment

3:06 – Are small returns good enough?

4:53 – Annuities and structured notes

6:29 – The decision-making process

7:49 – Another note on structured notes

Text RETIRE to 21000 to Begin Building Your Retirement Reality Roadmap.

Learn more about Principal Preservation Services: https://principalpreservationservices.com

Schedule an Initial Meeting with Mike: https://calendly.com/ppservices/60-minute-initial-meeting

Watch Retirement Reality on Demand: https://bit.ly/40VIByr

It’s the beginning of a new year – a time when many of us make resolutions to improve our lives. But how often do we resolve to improve the way we feel about our finances? Today, we’re talking about spending with confidence, a surprising challenge for many retirees.

Here’s what we discuss in this episode:

0:00 - Intro

1:19 – Why the reservations?

4:20 – Easing spending fears

5:59 – Overconfidence

8:00 – Spending strategies

Text RETIRE to 21000 to Begin Building Your Retirement Reality Roadmap.

Learn more about Principal Preservation Services: https://principalpreservationservices.com

Schedule an Initial Meeting with Mike: https://calendly.com/ppservices/60-minute-initial-meeting

Watch Retirement Reality on Demand: https://bit.ly/40VIByr

Join us as we explore the evolving benchmarks for retirement savings, the importance of proper planning over mere goal-setting, and the role of charitable contributions in financial strategies. We’ll break it all down and explore what these new numbers mean for your financial future.

Here’s what we discuss in this episode:

0:00 - Intro

1:28 – Is there a universal retirement benchmark?

2:41 – Charitable giving

4:23 – The fear of never being able to retire

5:30 – Average 401k contribution

7:11 – Target date funds

8:44 – Roth 401ks

10:24 – Taking care of yourself in the present

Text RETIRE to 21000 to Begin Building Your Retirement Reality Roadmap.

Learn more about Principal Preservation Services: https://principalpreservationservices.com

Schedule an Initial Meeting with Mike: https://calendly.com/ppservices/60-minute-initial-meeting

Watch Retirement Reality on Demand: https://bit.ly/40VIByr