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!
$2.9M Saved...But Are They Truly Ready to Retire?
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Hello, reader! Jesse Cramer here. Thank you for reading The Best Interest blog, And listening to my podcast, Personal Finance for Long-Term Investors. ๐ฅณ PS - the podcast recently surpassed 100,000 all-time downloads!! Thank you all for listening! ๐ฅณ This Week's New ContentFrom the blog...๐๐ We have a slate of "outdoors" articles this week... "Retirement preparedness is a lot like hiking." A few readers sent me similar questions this week, concerned if they were fully prepared for retirement ("I have $2.9M saved...am I ready?"), and I replied with this 2024 article: ๐ Fundamentals Of Retirement: Is the Summit โGood Enough?โโ And on the theme of hiking...what financial lesson can we learn from a friend-of-the-blog who hiked 8000 miles in one year?! ๐ Enjoy The Journeyโ ...and what can Robert Frost teach us about financial independence? ๐ Two Roads to Financial Independenceโ On the podcast...On our most recent podcast 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. ๐๐ง 19 Questions to Uncover Good, Bad, and Ugly Financial Advisors - Episode 107โ ๐๐ง Retirees' Mistakes and Wake-Up Calls - Episode 106โ Other Great Content from Around the Web
โ 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. ๐ All of My AMA Episodes โ I'm collecting questions for AMAs 8 and 9. Something to Ponder...Are you close to the "financial summit" in your life? Miles to go before you sleep?**โ Something in between? How can you be sure? In ClosingI get emails every week from readers like you. Do you have a question? Or an idea for an article or podcast? Iโd love to hear from you. Go ahead! Send an email to โjesse@bestinterest.blogโ 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. Iโd be honored to offer guidance to you, your friends, family, or colleagues.โโ Please let me know how I can help. โ โ 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... Whatโs 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 clientโs financial plan. You guys sharing whatโs 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... Todayโs question is the kind that might make you think, โThatโs too complicated,โ or โSurely that doesnโt apply to me.โ Thatโs ok. If you prefer to keep things simple, knowing that youโre leaving tax dollars lying on the floor, I get it. However, I assure you that todayโs 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...