078: Wade Pfau: Retirement Income Style Awareness

In this episode, The Annuity Man and Wade Pfau discuss:  Success in retirement RISA - Retirement Income Style Awareness Funding long-term care Reverse mortgages and risk pooling   Key Takeaways:  Retirement doesn't only mean stopping work, it's about being able to do what you want.  Three retirement strategies: Total return investment strategy, time segmentation or bucketing, or annuity and social security.  These are the factors that determine which retirement strategy or style will work for you: probability based or safety first; and optionality versus commitment.  There is no ROI until you die, up until that point it's a transfer of risk.  Retire to something, don't retire from something.    "Retirement… doesn't have to mean just not working, it's about having financial independence to do what you want and be who you wanna be… it's about finding your passion and purpose. " —  Wade Pfau    Connect with Wade Pfau: Website: www.retirementresearcher.com | http://wpfau.blogspot.com/    LinkedIn: https://www.linkedin.com/in/wpfau/  Twitter: https://twitter.com/WadePfau    Connect with The Annuity Man:  Website: http://theannuityman.com/  Email: [email protected]  Book: Owner's Manuals: https://www.stantheannuityman.com/how-do-annuities-work YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g  Get a Quote Today - https://www.stantheannuityman.com/annuity-calculator!