Do you know how to plan for retirement and manage your finances after the paycheck ends?
In this episode, Peter Gutekunst shares his insights on financial planning during retirement. Pete details the importance of learning and applying new strategies, having a spending plan, and working alongside your advisor while introducing the My Financial Bridge™ as a must-know organizational tool.
- The power of compounding interest and how it’s like growing a tree with setbacks, pruning, and growth
- Health and wealth: The value of discipline within retirement planning
- The importance of having a spending plan and working with an advisor to strategically withdraw money from your investments based on performance and tax implications
- Three key takeaways for managing finances in retirement
- What you should know about withdrawal rates
- And more!
- Tell Your Boss I Quit! – Book
- My Financial Bridge™
- CNBC: “Retirees lost 23% of their 401(k) savings in 2022, Fidelity says”
Connect with Pete Gutekunst:
- (267) 470 4109
- LinkedIn: Peter Gutekunst
- Gute Financial Services
- Gute Calendar
- Book a call with the team at Gute Financial
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The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of Gute Financial Services and Peter Gutekunst and not necessarily those of Raymond James.
Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor’s results will vary. Rebalancing a non-retirement account could be a taxable event that may increase your tax liability. There is no assurance that any strategy will ultimately be successful or profitable nor protect against a loss. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Neither Raymond James Financial Services nor any Raymond James Financial Advisor renders advice on tax issues, these matters should be discussed with the appropriate professional.