The 3 Stages of Retirement

In this episode, we’ll take you through the the essential stages of retirement planning: the go-go, slow-go, and no-go years.
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Retirement is a journey, and like any journey, it has its phases. Understanding these phases is crucial to ensure that you can enjoy your golden years without financial stress. In this episode, we’ll take you through the the essential stages of retirement planning: the go-go, slow-go, and no-go years.

Understanding these three stages will help you effectively manage your finances as you determine how much income you’re going to need along the way. This often overlooked dynamic of retirement planning will help ensure a comfortable and secure retirement so let’s take a closer look at each phase.

 

Here’s what we cover in this episode:

0:00 – Intro

3:30 – An overview of spending

8:19 – Spending by age data

15:40 – Longevity planning

19:18 – Rhino story

 

Read our Kiplinger article: https://listentoscott.com/wp-content/uploads/2024/06/FOR-WEBSITE-Go-Go-Slow-Go-No-Go-Years-Kiplinger-Article-PDF.pdf

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ABOUT YOUR HOST...

Scott Dougan founded Elevated Retirement Group in 2003 in order to fill a niche he felt was not being addressed properly in the retirement planning environment – helping retirees and pre-retirees in the Kansas City metro area find answers to issues that may affect the quality of life during their retirement.

Scott is a Registered Financial Consultant (RFC) and holds a Series 65 Investment Adviser Representative license, which holds him to the fiduciary standard. He also holds insurance licenses in Kansas, Missouri and other states.

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(913) 393-4724