My Smart Retirement

Any sports fan that enjoys football knows how important the red zone is for their team’s success. If the team is able to execute and limit their mistakes, they’ll have a better chance at scoring a touchdown and maximizing their chances to win. That same idea can be applied to your retirement as well. We call it the financial red zone and it’s the final 5-10 years before retirement and the first 5-10 years in retirement. This 20-year period is crucial for your financial health and long-term success, but it’s also a time where mistakes are magnified. The truth is that time is no longer on your side when it comes to money. The investing strategies you used when you were in your 20s and 30s don’t apply anymore because there’s less time to make up for missteps. And that’s why we work diligently with our clients when they enter the financial red zone. We want to ensure that we aren’t making the same mistakes that retirees before us made, and we can take lessons from 2000 and 2008 and apply them to our own finances