
Everyone talks about the magic retirement number — $1 million, $2 million, or more. But what if that number doesn’t actually tell you whether you’re ready? In this episode, Adam Olson, CFP®, breaks down the truth behind the $2 million myth and reveals why some retirees run out of money while others thrive with much less.
You’ll learn how taxes, inflation, and lifestyle choices can drastically change what your savings are really worth — and how Adam’s Red Zone Retirement Planning Process helps turn a lump sum into a lifetime income strategy.
Discover:
Why $2 million means something different for everyone
How location and lifestyle decisions can double (or cut in half) your spending power
How to segment your retirement assets into the Go-Go, Slow-Go, and No-Go years
What a realistic withdrawal rate looks like in today’s economy
If you want to find out whether your retirement plan can stand the test of time, take Adam’s free Red Zone Retirement Readiness Quiz at www.adamdolson.com
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Investing involves risk, including loss of principal. Be sure to understand the benefits and limitations of your available options and consider all factors prior to making any financial decisions. Any strategies discussed may not be suitable for everyone. Securities and advisory services offered through Mutual of Omaha Investor Services, Inc. Member FINRA/SIPC. Adam Olson, Representative. Mutual of Omaha Investor Services is not affiliated with any entity listed herein. This podcast is for educational purposes only and may include references to concepts that have legal and/or tax implications. Mutual of Omaha Investor Services and its representatives do not offer legal or tax advice. The information presented is subject to change without notice and is not intended as an offer or solicitation with respect to the purchase or sale of any security or insurance product.Mutual of Omaha Investor Services and its various affiliates do not endorse or adopt comments posted by third parties. Comments posted by third parties are their own and may not be representative or indicative of other's opinions, views, and experiences.