My mission is to help you feel smarter about your money and retirement, with clarity and confidence. My work helps busy professionals and retirees avoid costly mistakes and grow lasting wealth to and through retirement. I write *The Best Interest* blog, produce *Personal Finance for Long-Term Investors* podcast, and write this free weekly newsletter. Please - subscribe and learn!
11 Ways Retirees Damage Their Retirement Success
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Hello! Jesse Cramer here. Thank you for reading The Best Interest blog and listening to our podcast, Personal Finance for Long-Term Investors. This Week's New ContentFrom the blog...👀📖 Phil wrote in last week and asked, Jesse – I’d love to understand the common mistakes you see retirees (and near-retirees) make. You’ve written about Charlie Munger and his “invert, always invert” philosophy. So I figure – if you tell us what the common mistakes are, and we try to avoid those mistakes (invert!), then we’ll be in a better place for it! I love this idea, through and through. So here are my 11 common ways retirees hurt their retirement chances. Give it a read below: 🔗 11 Ways Retirees Damage Their Retirement Success On the podcast...On our most recent episode, I discuss an important Wall Street Journal article: The 19 Questions You Should Ask a Financial Advisor. Then, Don McDonald joins me to discuss the frequently confusing and ugly world of annuities. 👂🎧 19 Questions to Uncover Good, Bad, and Ugly Financial Advisors - Episode 107 👂🎧 Retirees' Mistakes and Wake-Up Calls - Episode 106 Other Great Content from Around the Web
P.S. - if you find something great that you think deserves to be shared with our community, let us know! What Are *Your* Questions?I've been creating "ask me anything" episodes on the podcast, where I answer your questions about personal finance and investing. They are quickly becoming my most popular episodes. I'm collecting questions for AMAs 8 and 9. Something to Ponder...How often do you review your financial status with your spouse? In ClosingI get emails every week from readers like you. Do you have a question? Or an idea for an article or podcast? I’d love to hear from you. Go ahead! Send an email to jesse@bestinterest.blog By night, I run The Best Interest and Personal Finance for Long-Term Investors. By day, I work for a fiduciary wealth management firm in Rochester, NY. I’d be honored to offer guidance to you, your friends, family, or colleagues. Please let me know how I can help. Until next week, Jesse |
Jesse Cramer
My mission is to help you feel smarter about your money and retirement, with clarity and confidence. My work helps busy professionals and retirees avoid costly mistakes and grow lasting wealth to and through retirement. I write *The Best Interest* blog, produce *Personal Finance for Long-Term Investors* podcast, and write this free weekly newsletter. Please - subscribe and learn!
Hello! Jesse Cramer here. Thank you for reading The Best Interest blog, And listening to my podcast, Personal Finance for Long-Term Investors. From the blog... What’s possibly the best benefit of writing and podcasting to all of you? The best benefit of working with real-life clients? The stories. The emails that readers and listeners send to me. The nitty-gritty details we uncover when developing a client’s financial plan. You guys sharing what’s going on in your life, and then asking: "what...
Hello! Jesse Cramer here. Thank you for reading The Best Interest blog, And listening to my podcast, Personal Finance for Long-Term Investors. From the blog... Today’s question is the kind that might make you think, “That’s too complicated,” or “Surely that doesn’t apply to me.” That’s ok. If you prefer to keep things simple, knowing that you’re leaving tax dollars lying on the floor, I get it. However, I assure you that today’s topic is something every well-optimized retirement plan takes...
Hello! Jesse Cramer here. Thank you for reading The Best Interest blog, And listening to my podcast, Personal Finance for Long-Term Investors. From the blog... What happens when a forced withdrawal, like Required Minimum Distributions, occurs during a down market? Isn't that an unavoidable and frustrating exposure to the "sequence of returns" risk? It could happen. But you have more control than you might think. From timing strategies to Roth conversions, this article outlines the playbook...