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Talking Real Money - Investing Talk

Paying for Retirement

Talking Real Money - Investing Talk

Don McDonald

Business, Education, Investing, How To

4.2680 Ratings

🗓️ 2 January 2025

⏱️ 43 minutes

🧾️ Download transcript

Summary

In our first episode of the new year: 0:33 Retirement Income Strategies 2:53 Navigating Social Security Decisions 5:43 Understanding Withdrawal Strategies 12:13 The Importance of Flexibility 14:46 Seeking Professional Guidance 19:36 The Power of Lump Sum Payments 22:49 Control Over Your Money 25:00 Evaluating Investment Options 32:13 Considering Annuities 37:12 Building a Sustainable Portfolio Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by SimpliSafe.

0:04.2

And this, SimpliSafe on, is the sound of peace of mind.

0:09.5

SimpliSafe sensors, HD cameras and 24-7 security monitoring

0:14.6

protect your home inside and out, against break-ins, fires, water leaks and more.

0:21.4

So you can relax.

0:23.8

Visit simplysafe.co.com.uk.

0:30.8

Reality Radio for a really great future. We're real money we know who you are we do we

0:42.3

know who you are and if you're not already an older person you're likely becoming one sooner than

0:49.8

later it's unlikely you're a teenager listening to us it's just unlikely it's possible but not likely unless

0:55.5

your parents are forcing you uh you're probably not a 20 something because you guys are trading options

1:00.9

so we figure you're not here maybe 30s maybe 30s you start getting sensible 40s then 40s 50s 50s

1:09.6

60s you start getting serious about about money because you're going oh wait

1:14.9

I am going to live past 40 ah I need to retire someday so today we're going to talk about

1:22.8

retirement where we're not going to talk about what we usually talk about which is building

1:26.5

the wealth to get you to retirement comfortably, because we've decided that's the easy part.

1:32.5

We're going to talk about the harder part, which is taking it out when you get there.

1:37.4

If you would like to call and talk with us about that or any other monetary issue, financial thingy, give us, yeah, that's the, that's the technical word

1:46.3

for it, financial thingy. Give us a call at 855-935-5-935-8-35-8-25-5. Welcome to another program.

1:56.4

We're so glad you're there. I'm Don McDonald welcoming you this holiday week.

2:03.1

Over there is my good friend and co-host Thomas Charles Cox

2:04.8

the second. You're the second, right?

2:07.9

Yeah, so far. Yeah, okay. Fair enough.

...

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