Embed Size (px)
Citation preview
Powered by
This presentation consists of highlights from the interview with Moe Abdou,
founder & host of 33voices®.
Jane Bryant Quinn is a leading commentator on personal finance. She is au-thor of the bestselling Making the Most of Your Money NOW, Smart and Simple Financial Strategies for Busy People, and Everyone’s Money Book. Quinn has written for Newsweek, The Washington Post, Bloomberg.com, Woman’s Day, and Good Housekeeping. An Emmy Award winner, Quinn has appeared on PBS and CBS News. Her personal finance column currently appears in the
AARP Bulletin. She lives in New York City and blogs at JaneBryantQuinn.com.
Jane Bryant Quinn@JaneBryantQuinn
Co-founder of DailyVoice
Beyond your financial well-being, your physical and psychological well-being
will have the greatest influence on your state of happiness during retirement. Contemplate these three questions:
Insight #1
Beyond your financial well-being, your physical and psychological well-being
will have the greatest influence on your state of happiness during retirement. Contemplate these three questions:
How will your identity change?
Insight #1
Beyond your financial well-being, your physical and psychological well-being
will have the greatest influence on your state of happiness during retirement. Contemplate these three questions:What will inspire you to wake up
in the morning?
Insight #1
Beyond your financial well-being, your physical and psychological well-being
will have the greatest influence on your state of happiness during retirement. Contemplate these three questions:
Who will be your best relationships?
Insight #1
Insight #2
Nothing will impact your financial success during retirement more than managing your spending. Rightsize your life by committing
to live on less than what you earn.
Insight #3
To invest wisely, pay close attention to expert research and
remember Warren Buffett’s advice:Just making monthly investments in a low-cost index fund makes a lot of sense … Owning a piece of America, a diversified piece, bought
over time, held for 30 or 40 years, it’s bound to do well. The income will go up over the years,
and there’s really nothing to worry about.”
Insight #4
When choosing your pension benefits, consider taking a monthly benefit if:
Insight #4
When choosing your pension benefits, consider taking a monthly benefit if:You have no appetite for investing
Insight #4
When choosing your pension benefits, consider taking a monthly benefit if:
You want a guaranteed monthly income and have a modest amount of other savings
Insight #4
When choosing your pension benefits, consider taking a monthly benefit if:
Your pension is adjusted for inflation every year
Insight #4
When choosing your pension benefits, consider taking a monthly benefit if:
You’re in good health and your family is long-lived
Insight #4
When choosing your pension benefits, consider taking a monthly benefit if:
You’re a spender who’s likely to blow through a lump sum
Insight #5
When choosing your pension benefits, consider taking a lump if:
Insight #5
When choosing your pension benefits, consider taking a lump if:
You’re a savvy investor or you work with a competent investment advisor
Insight #5
When choosing your pension benefits, consider taking a lump if:
You want financial flexibility
Insight #5
When choosing your pension benefits, consider taking a lump if:
You’re planning to roll your lump sum directly into an IRA for investment purposes
Insight #5
When choosing your pension benefits, consider taking a lump if:
You have little or no savings
Insight #5
When choosing your pension benefits, consider taking a lump if:
Your health is poor and you don’t expect to live to your full life expectancy
Insight #6
To protect against longevity, consider the benefits of immediate
annuities with a top-tier insurance company. You’re an ideal candidate if:
Insight #6
To protect against longevity, consider the benefits of immediate
annuities with a top-tier insurance company. You’re an ideal candidate if:
You’re in good health, have a reasonable amount of savings but
don’t feel safe financially
Insight #6
To protect against longevity, consider the benefits of immediate
annuities with a top-tier insurance company. You’re an ideal candidate if:
You’re temperamentally unable to invest a large portion of your assets in stocks so you
keep most of your money in bonds
Insight #6
To protect against longevity, consider the benefits of immediate
annuities with a top-tier insurance company. You’re an ideal candidate if:
You like to receive regular income
Insight #6
To protect against longevity, consider the benefits of immediate
annuities with a top-tier insurance company. You’re an ideal candidate if:
You want investments that pay without your having to work at it
Insight #6
To protect against longevity, consider the benefits of immediate
annuities with a top-tier insurance company. You’re an ideal candidate if:
Having a sufficient retirement income takes priority over leaving a large legacy
Insight #7
Although historical analysis support a withdrawal rate of 4-4.5% of one’s nest
egg during retirement, the low interest rate environment of recent years is likely
to challenge those assumptions. Here’s why
Insight #8
A reverse mortgage is a loan against the equity in your home. You will receive tax-free payments as long as you’re living in your home. Your only obligations are
the cost of homeowner’s insurance, property taxes, and general upkeep.
(Approach cautiously and consult a specialist for further details)
Insight #9
If you have options, consider deferring your social security benefits
until age 70, for that is likely to increase your monthly benefit by as much as 76%.
Insight #10
To retire rich, start early!
If you have a question, submit it to33voices Q&A for a direct answer from one of our founders or thought leaders.
CONNECT WITH US!
Tell us what you [email protected]
Presentation created by Chase Jennings
Insights by Moe Abdou
