Tag: #financialplanning #retirementplanning #consulting
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Phased Retirement: Start to Retire Now
When you think about retirement – what are you thinking it will be like? And more importantly WHEN are you thinking it will happen? If you’ve read my posts here, you know that I don’t think of retirement as a one-time future event. For some people it seems that the “when” is always a rolling…
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Retire Gradually: But Maintain your Network
A gradual approach to retirement has been the focus of my writing this year. To accomplish a phased retirement, you may be able to reduce your hours at your existing company, or even leave full-time employment but continue working as a consultant. However, it’s also possible that reduced hours or part-time work as you ‘ramp down’…
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Retire Gradually: Work at a Million Dollar Part-time Job
While the rules of retirement spending may be shifting (https://www.wsj.com/articles/the-rules-of-retirement-spending-are-changing), the notion of withdrawing approximately 4% of your portfolio annually is a good rule of thumb. It allows you to withdraw a portion of your savings to augment Social Security and any other pensions or income sources without depleting your nest egg too soon. If you…