Discover the tips and strategies that will help you achieve your retirement goals.

I'm your host, James Canole, and this is the podcast dedicated to helping you retire well.

It all starts right here on Ready for Retirement. for retirement.

Hi, everyone.

Welcome back to another episode of Ready for Retirement.

I'm your host, James Knoll.

We have a listener question today that I think is very interesting and actually something I've been spending a lot of time recently thinking about.

And here's the question. We'll jump right into it. The question says, hi, thank you for your

educational podcast. Given some basic info, I'd like to understand how you might allocate a couple's

portfolio to meet their desired outcome. Since there's so many variables and products

slash conditions, I'd like to hear how you may walk through this scenario. A couple,

age 45 and 50, have $9 million in mostly after-tax non-qualified bank slash brokerage accounts.

They have normal to long longevity. In today's dollars, they need $150,000 per year and could

enjoy, aka, want, $280,000 per year to spend. Their risk tolerance is

moderate, but they're happy to take less risk so not to jeopardize their retirement nest egg.

Would you talk through how you might go about allocating to balance the myriad of risks

for early retirees with a sizable portfolio. Thank you for this

question. It's a very interesting question. And at the crux of it is how should our investment

philosophy or how should the way that we invest change as a level of wealth changes? Because here's

the interesting thing. So often as we're getting started or on the beginning stages of your

investment journey, you feel as if once you hit a certain point, you'll feel less of a

burden or you'll feel like you've arrived or you'll feel like things are all taken care of financially.

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