The Game Plan
Retirement planning comes down to many different factors, especially when you build a comprehensive plan with a financial professional.
Ultimately though, you can look at investing through the lens of three qualities of money: growth, safety, and liquidity. On this episode of the Retirement Playbook Podcast, Dale Tondryk will define each quality of money, discuss strategies involving each, and explain what role they plan in your plan.
The X’s & O’s
Check out the timestamps below to skip around to specific topics on the show.
[1:37] – What are the 3 qualities of money?
[4:13] – Is there an investment that can get all three?
[7:22] – What defines liquidity?
[7:52] – Examples of growth and liquidity without safety.
[8:31] – Growth and safety without liquidity.
[9:56] – Which of these do clients typically emphasize?
“When we’re doing plans for people, what we like to do is to be able to get all of our guaranteed income sources to pay all of our bills. That’s really the ideal situation.“
– Dale Tondryk
Ep 53: Retirement Jigsaw Puzzle
When constructing a jigsaw puzzle you likely have some sort of strategy. Maybe you start with the frame first or sort the pieces by color. Like starting a puzzle, you don't want to jump into retirement without having a plan.
Ep 52: Unreasonable Requests for Your Advisor
You may never ask something unreasonable to your advisor, but it’s important to know where that line is.
Ep 51: What Is Your Retirement Dream?
Whether you want to focus on travel or on starting a new hobby, having a plan for what you will actually do during retirement is important.