What You Should Know About the Three Percent Rule – Part II

There are four reasons that the Three Percent Rule is problematic as a potential retirement withdrawal rate, so let’s review them.

Four Significant Shortcomings of This Common Retirement Withdrawal Rate The last article we shared, available here on our blog, introduced the Three Percent Rule – a commonly known retirement withdrawal strategy. We discussed how it came to be, and though popular, we also teased that this strategy has several disadvantages. Getting your retirement withdrawal rate right is critical of you want to avoid outliving your money in retirement, so read the below excerpt from Power of Zero guru David McKnight to learn about four significant shortcomings of the Three Percent Rule that every retiree should know.

What You Should Know About the Three Percent Rule – Part I

The Three Percent Rule is a popular strategy, but is it the best one for your long-term retirement security? Read on to learn more!

Is This Popular Strategy Ideal for Your Retirement Withdrawal Plan? In an earlier article, I touched on one of the biggest risks to retirement security: longevity risk. This is the possibility of living longer than expected and potentially running out of retirement savings. Today, let’s explore a common approach to managing this risk called the Three Percent Rule, which offers a strategy for helping your retirement funds last throughout your lifetime. Using ideas shared by Power of Zero guru David McKnight, I’ll share what came before it, how it came to be so popular, and most importantly, whether it’s […]

Navigating Healthcare Costs in Retirement: Strategies to Stay Financially Stable

Enjoy greater financial stability in your golden years by planning ahead to manage rising retirement healthcare costs.

Why It’s Critical to Plan Ahead for Your Medical Expenses – And How to Get Started Retirement is an exciting time filled with new opportunities, but it also comes with important financial responsibilities—especially when it comes to managing retirement healthcare costs. Addressing these costs is crucial to maintaining financial stability so that you can fully enjoy your golden years. Having a plan in place to navigate and optimize healthcare expenses can be a game-changer for preserving your retirement funds. The following strategies are designed to help you prepare for the rising costs of healthcare, allowing you to enjoy a […]

The Pros and Cons of Annuities in a Retirement Portfolio

Understanding annuities may help you add a savvy tool to your retirement portfolio, but this won’t be the right option for everyone.

Could This Tool Help You Meet Your Financial Planning Needs? When building a retirement portfolio, it’s important to consider various financial tools, and annuities are often part of the conversation. Understanding annuities is essential, as they can provide both an asset and an income stream in retirement. Like other financial options, annuities come with advantages and disadvantages. The article below will help you better understand annuities, so you can assess whether adding one to your retirement strategy aligns with your long-term financial goals.

Understanding Sequence-of-Return Risk and Longevity Risk in Retirement

Sequence-of-return risk is a simple concept, but its impact can have a complex and debilitating impact on your portfolio.

Know the ‘Risk Multiplier’ Lurking in Your Investment Portfolio If you’ve read our previous articles, you know the Chapman Private Client Services team believes strongly in the power of financial education. Today’s focus is on helping you understand the real risks that could impact your retirement security. We also aim to encourage you to take proactive steps now to better manage your financial future. In the article below, we share more content from Power of Zero guru David McKnight about a threat lurking in your portfolio – sequence-of-return risk – and the so-called “risk multiplier” that makes it even […]

The Impact of Early Retirement Withdrawals on Portfolio Longevity

Early retirement is an alluring prospect, but it could hamper your portfolio longevity and compromise your retirement income.

Find the Balance You Need to Thrive with These Helpful Tips Many people dream of retiring early, enjoying the freedom and time for personal passions. Of course, it’s good to remember that early retirement comes with its own financial challenges, especially when it comes to making withdrawals that can impact the longevity of your investment portfolio. In the article below, we dive into the details of how early withdrawals can affect your financial future, offering insights to help you make informed decisions about managing your retirement funds. Let’s explore the key factors of portfolio longevity so you can plan […]

The Greatest Retirement Risks (And How to Avoid Them) – Part II

Longevity risk is one of the most significant roadblocks to retirement security – do you have a plan to overcome it?

Reviewing and Understanding the Challenge of Longevity Risk If you read our last article, available here on our blog if you need a refresher, we shared an excerpt from industry expert David’s McKnight’s powerful book, Tax-Free Income for Life. In it, David detailed the first great retirement risk we’re all facing – the risk of tax rate increases. Today, we’re back with another excerpt from David as he explains the second great retirement risk – longevity risk. Below, you’ll learn what it is, as well as how you can proactively work to combat longevity risk in your own retirement […]

Estate Planning Essentials: How to Protect Your Legacy and Your Loved Ones

Use these six estate planning steps to prepare plans for your assets and your family members, too.

Uncover Six Practical Steps in Our Comprehensive Guide Thinking about mortality can be difficult, but planning for the future is essential. After a lifetime of building wealth and gathering valuable assets, it’s important to consider what happens to them when you’re no longer able to manage them. Creating an estate plan lets you legally specify your wishes and makes certain they’re carried out properly. It also helps prevent family disputes and keeps your financial affairs private. If you haven’t started yet, consider these six key estate planning steps to protect your family’s future and preserve your assets.

Tax-Deferred Retirement Plans: Are They a Catch-22?

Don’t let faulty assumptions about tax-deferred retirement plans negatively impact your income in your golden years.

Learn Why Your Retirement Plan Could Be Based on a Faulty Assumption At Chapman Private Client Services, we believe our commitment to educating our clients is one aspect of our offerings that sets us apart. The following article on tax-deferred retirement plans is partially excerpted from The Power of Zero, by David McKnight, and we hope you’ll find it eye-opening as you plan for a tax-efficient retirement. So many clients come through our doors having followed advice from so-called financial gurus who tell them it’s okay to have all their assets in tax-deferred accounts because they’ll be in a […]

The Greatest Retirement Risks (And How to Avoid Them) – Part I

Tackle the greatest retirement risks, including rising tax rates, before they become a liability to your future financial security.

Why Tax Rates Are Likely to Rise – And Why it Matters to Your Retirement Plan At Chapman Private Client Services, we focus on providing personalized plans tailored to each client’s vision for their retirement lifestyle. Part of this process involves addressing two major risks that can undermine financial security in retirement. Many people face significant challenges to maintaining long-term financial stability and often worry about outliving their savings. By identifying and planning around these key risks, we help clients work toward a more financially confident retirement. This is the reason we specialize in tax-efficient – and even tax-free […]

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