In this episode, Alex, Wade and Rob answer listener questions about retirement planning. They discuss topics such as asset allocation, selling RSUs, managing sequencing risk, and when to claim Social Security. They provide insights on diversification, tax implications, and the importance of considering both sequence risk and concentration risk. They also suggest strategies like creating a bond ladder and using IRA distributions to bridge the income gap. The episode ends with a plan to continue answering more listener questions in the next episode. Listen now to learn more!

Takeaways

• Consider the risks and benefits of holding concentrated positions, such as RSUs, in your portfolio


• Evaluate the tax implications of selling RSUs and consider the potential benefits of diversification


• Use Social Security claiming software to determine the optimal claiming strategy for both spouses


• Explore strategies like bond ladders and IRA distributions to bridge income gaps in retirement


• Balance the preservation of principal with the need for growth and income in your retirement portfolio

Chapters

00:00 Introduction and Q&A Format

05:42 Managing Concentrated Positions and Sequencing Risk

27:43 Creating a Bond Ladder to Bridge Income Gaps

29:54 Using IRA Distributions to Manage Tax Liability

35:23 Balancing Preservation of Principal with Growth and Income

Links

The Retirement Planning Guidebook: 2nd Edition has just been updated for 2024! Visit your preferred book retailer or simply click here to order your copy today: https://www.wadepfau.com/books/ 

This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/retirement-income-planning-llm/ to download McLean’s free eBook, “Retirement Income Planning”