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The 5 D's of Retirement Planning

The 5 D's of Retirement Planning

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Based on a recent article from Kiplinger, there are five keys to a retirement plan that actually hold up over time. Together, they create a simple framework for thinking through some of the biggest challenges retirees face. And because they all start with the letter D, they’re easy to remember.

Here’s some of what we discuss in today’s show:

  • Diversification should include investments, income sources, and taxes
  • Duration planning helps prepare your income and investments for an uncertain retirement timeline
  • Downside protection can help reduce the impact of early retirement market losses
  • Retirement spending often changes through the go-go, slow-go, and no-go years
  • Taxes, fees, inflation, and healthcare costs can create a significant financial drag

Resources for this episode:

Kiplinger Article: How to Turn a $1 Million Nest Egg Into a Lifetime Income Machine | Kiplinger

Subscribe to Liz's YouTube Channel: Best Path Advisors - YouTube

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