The 5 D's of Retirement Planning

According to a recent Kiplinger article, there are five keys to a retirement plan that hold up over time. They all happen to start with the same letter, which either means it's a great framework or someone really wanted it to work out that way. In this episode, Ryan walks through the “5 D’s” of retirement planning and how each one plays a role in helping retirees build a plan that can hold up over time. Here’s what we discuss in this episode: 🌐 Diversification: Spread income, investments, and taxes ⏳ Duration: Make your savings last longer 🛡️ Downside Protection: Limit damage during market declines ✈️ Discretionary Income: Plan confidently for life’s enjoyment ⚓ Portfolio Drag: Reduce fees, taxes, and inefficiencies   Visit us online: https://blackoakam.com/ Phone: (470) 508-0508 Get in touch with the Black Oak team: https://blackoakam.com/contact-us/ Schedule a call with Ryan: https://speakwithryan.com/ Get your tax-free retirement toolkit: https://bit.ly/3PMjKqc Get more financial education on our YouTube Channel: https://bit.ly/45kJlwI