Accumulating versus Spending

There are basically two phases in the retirement life cycle ... accumulating sufficient assets to retire and then actually spending while protecting what you've accumulated.

My "mountain" analogy helps to explain the difference between accumulating and spending. Each of these phases requires two very different portfolio strategies. Take a look as we explain the difference between the phases at 11:15 minutes in this week's vlog.

Just as climbing tools and techniques to summit the mountain are very different than the tools and techniques to descend the mountain, so are these two phases of retirement. While accumulating you have the advantage of time as markets experience volatility and you have losses. However once in the spending phase, the reduction of risk and the increase of income with your stock portfolio become paramount.

VLOG June 22, 2020

This video has been designed for general illustrative and educational purposes only, does not purport to show actual result and does not constitute an offer to sell or a solicitation of an offer to buy any security.  No representation, warranty or undertaking, stated or implied, is given as to the accuracy or completeness of the information presented.  Past performance does not guarantee future results.  All investing involves risk of loss including the possible loss of principal. Read full disclaimer.