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Retirement Answer Man

Crashes, Retirement, and Bears, Oh My! How Investing Changes in Retirement

Retirement Answer Man

Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Education, Investmentmanagement, Saving, Self-improvement, Careerplanning, Retirement, Business, Lifeplanning, Investing, Retirementplanning, Financialplanning, Retirementpodcast

4.61.2K Ratings

🗓️ 1 January 2020

⏱️ 39 minutes

🧾️ Download transcript

Summary

The way you invest changes in retirement. Rather than being in the accumulation stage of life, now it’s time for the decumulation stage. But how do you flip that switch? How should your investment strategy change to reflect this new period in your...

Transcript

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0:00.0

Fair markets, market crashes, and investing in retirement.

0:06.0

This month on the Retirement Answerman Show.

0:22.0

We have Nicole with us this morning

0:24.1

Nicole happy new year girl happy new year did you stay up to midnight last night

0:29.4

you know I can usually make it right up until midnight and then I kind of poop out really quickly after that.

0:34.8

But we were able to do like sparklers and the few small fireworks with the boys this year because

0:40.4

are outside the city limits. So that was fun.

0:42.2

So you got little ones that's

0:43.1

so that's fun yeah yeah I think New Year's is a little overrated for myself but yeah but

0:50.3

there are a lot of new beginnings and we're going to talk about our words for 2020 today.

0:55.2

And this month on the show, I think it's important that we talk about bear markets,

1:01.3

crashes, and retirement.

1:05.7

Because we had an amazing 2000.

1:08.0

I was gonna say, it's kind of funny that you wanna talk about that

1:10.2

after 2019.

1:12.1

Yeah, it was a great year, wasn it market. Right. The markets were on fire

1:17.2

in 2019 and so everybody's wondering what's going to happen in 2020 beyond, especially if you're close to retirement.

1:26.0

Well, I mean, there's nothing tumultuous coming up in 2020, is there?

1:31.0

Besides that whole election thing?

1:34.3

That's not going to influence the market at all, right?

1:36.9

We probably will hardly hear about it in the media.

1:39.3

Oh, yeah, yeah.

...

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