Equipping Points:
When people are in retirement or closer to retirement, the accessibility of money goes up. So, what does that mean when you have to take out RMDs? How do you know if you have too much money in the bank? Talking through this with an advisor might help you make the right next steps with your money. We also talk about what mistakes people are prone to make if they try to DIY their retirement planning without a financial advisor.
Here are the questions Eric answers on today’s show:
- Mailbag: How do I figure out all my RMDs? [0:47]
- Mailbag: Do I have too much in cash? [4:57]
- Mailbag: What aspects of my retirement plan am I most likely to mess up without an advisor? [8:02]
If you have any questions about what we discussed on the show or want to follow up with any financial planning questions of your own, get in touch with us and schedule a visit here.
Today’s Takeaway:
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