The summary is that an investor should consider investment options that are independent and cost effective rather than those that are provided by banks, predominantly, which carry high costs to the investor.
By implementing a system that uses return stacking to enhance portfolio efficiency, applies probability of failure decision rules to optimize withdrawals, and strategically manages taxes across account types, retirees can significantly improve their financial security throughout retirement while maximizing their standard of living.
Independent Financial Planning, LLC is a Virginia registered investment advisor.