Retirement planning can be a daunting task, especially when it comes to determining how much you can safely withdraw from your nest egg each year without risking running out of funds. With increasing life expectancy and the uncertainty of future market returns, finding the optimal withdrawal rate becomes crucial for maintaining financial security throughout your retirement years.
Bank fees, late fees, credit card fees, investment fees. There are a lot of fees in life. Some of them are pretty straightforward, and others are harder to decipher. Fees aren't necessarily a bad thing; they're a form of compensation in some cases. But the lack of understanding around fees can cost you unnecessarily. So let's talk about financial advisor fees.
When it comes to investing, there are a number of things that can hurt our portfolio, pandemics, wars, recessions, bubbles bursting, and natural disasters, just to name a few. And as scary as those things are, the factor that can most adversely impact our portfolios is us. That’s why taking the emotion out of investing is so critical to being a successful investor.
Jason discusses the benefits of working with a group of advisors.
