{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Retirement Answer Man","title":"How to Rebalance Before Retirement","html":"","width":"100%","height":180,"duration":1957,"description":"In this episode, Roger explains how to rebalance your portfolio before retirement and why it's important to align your investments with the changing purpose of your money. He discusses how guaranteed income, your retirement plan's fundedness, and your comfort with market volatility influence your approach. Roger also shares a practical framework for organizing your assets into three layers to provide financial flexibility, fund your retirement paycheck, and support long-term growth. Plus, he answers listener questions about finding a retirement planner and preparing for the nonfinancial aspects of retirement.\n\nOUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN\n(00:00) Roger introduces the episode and discusses why rebalancing your portfolio before retirement is important, particularly as the purpose of your money changes. He previews the discussion on retirement portfolio allocation, listener questions, and a Rockin' Retirement in the Wild story. \nRETIREMENT TOOLKIT: HOW TO REBALANCE YOUR PORTFOLIO BEFORE RETIREMENT\n(01:29) Roger explains why having enough liquidity is essential to enjoying retirement without allowing market downturns to force you to defer your life. He discusses three factors that influence how important rebalancing is: guaranteed income, how funded your retirement plan is, and your psychological comfort with volatility.\n(08:55) Roger walks through his practical approach to rebalancing, starting with creating a retirement plan of record and defining your base great life and discretionary spending. He explains how to assign every dollar a job through three layers: a contingency fund for unexpected expenses, an income reserve to fund your retirement paycheck, and a long-term portfolio for future growth. He also discusses how to determine appropriate reserves and execute the rebalancing strategy.\nLISTENER QUESTIONS\n(20:25) William asks how to find a retirement planner who can validate his DIY retirement plan, prepare tax returns, and serve as a...","thumbnail_url":"https://img.transistorcdn.com/ZpX_mjyJlNc9EkcOXxrNJpkZJfbQBcKxxEeVTSEjAo4/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8zZWM3/NGVlZDE5ZDYyZGY1/MjJlZWUzMmIzODM1/ODlkNS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}