S5E7: Managing Cashflow In Drawdown

Last week I had a great conversation with Abraham Okusanya about the vital subject of investing in retirement. We covered a lot of ground, and mentioned lots of practical stuff. This week I want to pick out the main points and give you the actionable steps you need to take.

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Managing Cashflow In Drawdown

If you haven’t listened to last week’s conversation with Abraham, I strongly suggest you do that now. Abraham is super-passionate about the subject of investing in retirement, and the serious effects of getting it wrong. His passion is backed up with data, and he covers a lot of that in last week’s show.

If you have listened to that show, stick with me now as I cut to the main things you need to DO (Consider last week as what you need to KNOW)

In this session you will learn:

Why it is important to map out the first few years' drawdown
What planning your withdrawal strategy really means
Why planning round the tax allowances is all-important
Why I believe you should NOT increase your risk in retirement
When diversification isn't really diversification
Why you should keep cash, and how much to keep, when
The importance of ongoing review
The power of a long-term view

Resources

Podcast: How To Choose A Multi-Asset Fund

Transcript

As always there is a transcript available for the entire show. you can get it by clicking the huge blue button below:

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