Descending the mountain

You've probably heard this before- it is wonderful to reach the summit of Mt Everest. But, it is even better to make it safely all the way back to base camp.

Sometime the coming down is harder than the going up.

That is often the case with planning for retirement.

While we are climbing the mountain we choose the most effective places for our retirement savings and hope that the accounts we pick perform well. And then, retirement day comes around and we find that we have X-amount in our IRAs, 401(k)s and brokerage accounts.

What do we have to do to make sure X-amount doesn't become $0 before we are gone?

That can be difficult. Bad timing or bad luck can wipe away chunks of our savings. Unexpected expenses or medical bills can deplete our accounts.

Luckily, there are proven ways to make the descent down the mountain safer and more predictable. Let me know if you would like to see how I have helped other retirees safely reach base camp.