Monthly Archives: November 2020

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S1: Episode 8 – The Bucket Approach to Financial Planning – Part 1



One of the most common pieces of financial advice is that it’s important to diversify your portfolio. But did you know that there is a specific way that you should be strategically allocating funds when it comes to retirement income planning?

In the first part of this three-part series, Stephen Stricklin reveals the three-bucket approach to retirement income planning. Stephen provides a holistic view of the approach, and dives into the first bucket, discussing the importance of liquid assets for planned and unplanned expenses. 

In this episode, you will learn:

  • The basics of the bucket approach
  • When you should be focusing on funding the liquid bucket
  • Why the liquid bucket is where you should plan for emergencies
  • The importance of being aware of planned expenses before you retire
  • And more!

Discover the importance of dividing your money strategically with the bucket approach to retirement income planning!

Resources: Wise Wealth


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S1: Episode 7- The Five Principles Of Retirement Income Planning



Financial planning products and methods can only benefit you if they have a solid foundation. By building a foundation of knowledge of the principles of retirement income planning, you are able to guide your decision-making when it comes to planning for your future.

In this episode, Stephen Stricklin dives into the importance of the five principles of retirement income planning, discussing how they should guide your financial decisions and the benefits they provide. 

In this episode, you will learn:

  • Five principles for retirement planning
  • The importance of building upon principles
  • Three unknowns in life that can be difficult to plan for
  • And more!

Discover five principles you should build upon when planning for retirement in this episode of Simplify Your Retirement!

Resources: Wise Wealth 


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S1: Episode 6 – Human Bias In Investing



It can be hard to look beyond our personal biases. But how does bias impact our investment choices?

In this episode, Stephen Stricklin dives into human bias and more importantly, investor behavior bias. Discover how personal bias can impact investment choices and reactions to the stock market.

In this episode, you will learn:

  • The relationship between human behavior and investing
  • The difference between past market crashes and the current investor reactions
  • How human bias can impact your portfolio
  • What you should be doing during market volatility 
  • And more!

Tune in now and learn more about investor behavior bias!

Resources: Wise Wealth 


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S1: Episode 5 – The Impact Of Market Volatility On Retirement Plans



Market volatility is a natural occurrence, one that can increase in risk the closer you are to retirement.

In this episode of Simplify Your Retirement, Stephen Stricklin speaks about market volatility, different phases of investing and how volatility can impact your investments. 

In this episode, you will learn:

  • The three phases of investing
  • How your retirement timeline relates to market volatility 
  • The importance of remaining true to your financial plan
  • What the real rate of return is on your investments
  • And more!

Learn more about market volatility and the risks associated with retirement planning!

Resources: Wise Wealth 


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S1: Episode 4 – Don’t Let Your Portfolio Take a HIT



Have you taken healthcare costs or inflation into account when planning for retirement? 

In this episode of Simplify Your Retirement, Stephen Stricklin discusses the three aspects of retirement you need to plan for — healthcare, inflation and taxes. He shares the importance of understanding the price of healthcare in retirement, how inflation could impact your budget and why you need to review risks.

In this episode, you will learn:

  • What medical care costs in retirement
  • How long-term care can impact the cost of your retirement
  • Why your plan has to address inflation
  • The importance of understanding risks
  • And more!

Tune in to learn how to keep your portfolio from taking a HIT.

Resources: Wise Wealth