The Personal Finance Podcast

21 Things to Do Before You Retire (Are You On Track?!)

10 snips
Nov 10, 2025
Explore essential retirement milestones to ensure you're on track! Learn how to define your dream retirement vision and estimate your retirement number using the 25x rule. Discover various strategies for withdrawing funds, maximizing your Social Security benefits, and diversifying income streams. Plus, find out how catch-up contributions and Roth conversions can significantly enhance your savings. Finally, protect your wealth from scams while gaining total control over your financial future!
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ANECDOTE

Grandmother's Habits Lived Past 100

  • Andrew shares his grandmother's habits: daily walks, frequent reading, and crosswords, which helped her live past 100.
  • He uses this example to stress exercising both body and brain for a longer health span.
ADVICE

Design A Withdrawal Strategy

  • Create a clear withdrawal strategy (4% fixed, guardrails, buckets, or blends) before retiring.
  • Coordinate withdrawals with tax buckets and stress-test the plan using simulations or historical worst years.
ADVICE

Use A Bucket Ladder For Withdrawals

  • Use a bucket strategy: short-term cash (1–3 years), mid-term bonds (3–10 years), and long-term stocks (10+ years).
  • Draw from short-term buckets first while letting long-term assets grow to reduce sequence risk.
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