On this episode of On The Money, the retirement planners at Ruedi Wealth Management discuss the economy, global stock returns, and the essential components of a retirement plan.
(4:22) Home equity at all-time highs
(8:04) Globally diversified portfolio returns vs. S&P 500
(25:00) Painting your retirement masterpiece
(32:02) Key components of a retirement plan
(33:00) When can I retire?
(35:15) How much can I spend in retirement?
(35:43) How will I invest for retirement?
(37:34) How much will I withdraw from my investment portfolio?
(40:07) Minimizing taxes
(42:21) Which pension benefit option should I choose?
(43:28) When do I claim Social Security?
(45:57) How will I pay for healthcare?
(47:57) Will my spouse be ok if I pass away?