Blueprint for a Secure Retirement

In this episode of *McNamara on Money*, Mike McNamara talks with listener Dave about a question many successful savers eventually face: How do you shift from building wealth to using it confidently in retirement? Dave has accumulated more than $2 million in his 401(k), but approaching retirement brings a new set of decisions. Mike walks through how a portfolio might be repositioned from an emphasis on growth toward a more balanced approach designed to provide income, manage market risk, and keep pace with inflation. Their conversation covers the role of stocks and bonds in retirement, the importance of keeping enough cash available to avoid selling investments during a market downturn, and how everyday spending needs should influence investment decisions. They also discuss when to claim Social Security, covering healthcare expenses before Medicare eligibility, and making sure estate plans are in order. It’s a practical look at what happens after decades of disciplined saving, and how thoughtful planning can turn a substantial nest egg into a retirement built for both security and flexibility. 📅 Want to speak with the team at McNamara Financial? Schedule a consultation today: 👉 https://mcnamarafinancial.com/contact ⸻ McNamara Financial is a family-owned, independent, fee-only financial planning and investment management firm. For over 30 years, we’ve helped individuals and families on the South Shore and beyond navigate their financial futures with clarity, confidence, and care. 💼 Come see what it’s like to work with a fiduciary. http://mcnamarafinancial.com