The Jeff Dixson Show "The Retirement Coach"
About This Show
THE JEFF DIXSON SHOW- is an hour long program that airs weekly on KEX News Talk 1190 and KXL 101.1 FM. Jeff Dixson, “The Retirement Coach”, is the President and Chief Financial Advisor at Northwest Financial & Tax Solutions and has educated thousands across the Portland metro area on how they can better preserve protect and grow their assets. Visit jeffdixsonshow.com to learn more about Jeff and Northwest Financial & Tax Solutions.
Most Recent Episode
Don't Just Save for Retirement, PLAN for Retirement
Folks, we sit down with dozens of people every single week.
Many of them that we have met from this radio show!
And often times, they come in simply for a 2nd opinion to see if there is anything they might have missed when it comes to their retirement plan.
These are people from all walks of life, and levels of education.
Many people we sit down with have done a fantastic job of saving for retirement.
They may have $500,000- $800,000 or even a million dollars in their various accounts.
Having saved that much money for retirement is a great accomplishment!
It takes a lot of work to build and grow a portfolio of that size.
You get there by consistently saving, investing, and having the dedication to build something for the rest of their lives.
Please understand that I’m not trying to take anything away from what they’ve done when I say this….. but even when someone has saved well for retirement, we almost always find that they haven’t yet PLANNED well for retirement.
Because just having a bunch of investments that aren’t guaranteed, and there’s no plan…
And there is a big difference.
I often say that I don’t want to only teach you how to invest for the retirement stage of life, but most importantly, I want to teach you how to PLAN for the retirement stage of life.
Now, one of the biggest obstacles for folks who have done such a good job of saving, is their own ego.
They often feel that, because they’ve done “so good” up to this point, they mustn’t need too much help, if any.
They often come to us looking for a tiny little tweak, or small adjustment, to their existing investing strategy.
The hardest thing for us- is to educate them on how drastically different planning for this next financial stage of your life will be.
We’ve talked about, on past shows, the three phases of one’s financial life.
Stage 1- typically the stage these individuals are in currently, is the accumulation phase of your life. The number one goal in this phase is to grow your nest egg. It starts when you first start working and lasts all the way up to your mid to late 50’s.
Then when you hit your late 50’s (depending on your desired retirement date), you enter into your preservation stage of life. The biggest difference between the two is that, while you are still contributing to your retirement accounts, you actually need to decrease your risk so your retirement timeline isn’t thrown off by a correction in the market.
Phase three is the
Rated 5 out of
Been listening to the show for a while and it always has great information. I appreciate their conservative guidance.
Date published: 2015-07-30