Summary In this conversation, Mark Struthers discusses retirement guardrails, strategies designed to help retirees manage their withdrawal rates and spending to maximize their portfolio longevity and enjoyment during retirement. He emphasizes the importance of adjusting withdrawal rates based on market performance and the potential benefits of starting with a higher spending rate. The discussion also touches on the historical context of the 4% rule and how guardrails can lead to a more fulfilling retirement experience. Takeaways Guardrails can help retirees take more out of their portfolios. Bad sequences of returns can significantly impact retirement funds. Adjusting withdrawal rates based on market conditions is crucial. The first 10 to 15 years of retirement are the most critical. Retirement planning should focus on enjoying life, not just survival. Using Monte Carlo simulations can provide better spending models. Inflation adjustments can be managed through strategic withdrawals. Understanding withdrawal rates is key to financial security in retirement. The 4% rule may be too conservative for some retirees. Making informed decisions leads to a healthier and happier retirement. Sound Bites “What if you make adjustments?” “Increase spending when the market’s up.” “The 4% rule is still pretty conservative.” Chapters 00:00 Understanding Guardrails in Retirement Planning 09:08 The Mechanics of Withdrawal Rate Adjustments 12:48 Maximizing Retirement Income with Guardrails Curious about working with Mark: https://www.videoask.com/fd9svtp2l www.SonaWealthAdvisors.com Disclosure: Investment advisory services are offered through Sona Financial LLC (DBA Sona Wealth Advisors, Sona Wealth, Sona Wealth Management), an investment adviser registered in the state of MN. Sona Financial only offers investment advisory services where it is appropriately registered or exempt from registration and only after clients have entered into an investment advisory agreement confirming the terms of engagement and have been provided a copy of the firm’s ADV Part 2A brochure and document. This video or article is for educational purposes only and is not exhaustive. Nothing discussed during this show/episode should be viewed as investment advice. Diversification and/or any strategy that may be discussed does not guarantee against investment losses but is intended to help manage risk and return. If applicable, historical discussions and/or opinions are not predictive of future events. The content is presented in good faith and has been drawn from sources believed to be reliable. The content is not intended to be legal, tax, or financial advice. Please consult a legal, tax, or financial professional for information specific to your individual situation. This content has not been reviewed by FINRA.

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