Crucial Steps for the “Pre-Go” Years Before Retirement
Summary
Host Robert Brokamp interviews financial planner Dana Ansbach about navigating the "pre-go" phase, the decade before retirement. They discuss de-risking portfolios via income ladders, strategic tax planning, and the four phases of retirement. Ansbach emphasizes balancing financial safety with emotional readiness, encouraging retirees to spend during their active "go-go" years while planning for future cognitive decline.
Topics discussed
Introduction and the four phases of retirement
The pre-go years: Emotional and financial preparation
De-risking portfolios and building an income ladder
Tax planning strategies during the pre-go phase
The go-go years: Spending, health, and withdrawal rates
Using the red, yellow, green framework for decisions
Navigating the emotional transition and identity loss
Planning for slow-go and no-go years
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