As you plan for a road trip, you probably plot out the destinations, book the hotels, and get an oil change before you go. It takes some work ahead of time to get it all done, but it is more than worth it to have it all taken care of while you’re enjoying your vacation. Are you putting in the same amount of effort into planning for your retirement?

As you plan for a road trip, you probably plot out the destinations, book the hotels, and get an oil change before you go. It takes some work ahead of time to get it all done, but it is more than worth it to have it all taken care of while you’re enjoying your vacation. Are you putting in the same amount of effort into planning for your retirement?

  • [1:33] – What needs to be on your retirement road trip checklist?
  • [2:21] – You have to know where you’re going.
  • [3:14] – There’s a lot of mistakes you can make.
  • [4:07] – Professional advice is critical.
  • [5:13] – It’s about the journey, not the destination.
  • [6:08] – When is it time to go on autopilot?
  • [8:15] – Your 401(k) can be one of your most powerful retirement tools, but it’s not perfect.
  • [10:29] – There may be limited options when it comes to the mutual funds.
  • [11:11] – What are your rollover options?
  • [12:29] – Why don’t we like bond funds?
  • [15:00] – Financial Propaganda of the Week: Fear has caused people to sell and lose out.
  • [16:54] – You need to have a plan when you invest.
  • [17:35] – You have to have a bond portfolio where you have permanence and definition.
  • [18:16] – Plan for everything, not just one thing.
  • [19:32] – The “A” word – annuities!
  • [20:57] – We’re living longer, so you need an income stream that keeps up–most annuities don’t do that.
  • [21:45] – The best hedge there is against inflation are dividends.

“The million dollars you have today is only worth $600,000 in 25 years.”

– RYAN PAYNE

Let’s talk

Contact us for a consultation with our financial advisors to start a personalized plan

Get Started

IMPORTANT DISCLOSURE INFORMATION
Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Payne Capital Management, LLC), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Payne Capital Management, LLC. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Payne Capital Management, LLC is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Payne Capital Management, LLC’s current written disclosure statement discussing our advisory services and fees is available for review upon request.