PART 1 OF 3: Money Management To Create The Retirement Of Your Dreams

Are you confident your retirement plan can handle life’s unexpected financial twists and turns?

Do you have a strategy for turning your hard-earned savings into consistent, dependable income?

What steps have you taken to ensure your financial security lasts for the rest of your life?

Hi there, I'm Jason Bergquist, the owner and founder of RetirementOfYourDreams.com. I'm thrilled to kick off Part 1 of our 3-part series ....

Step 9 of the Retirement Of Your Dreams Blueprint focuses on Money Management. In this step, we implement everything from Steps 1 through 8.

In this stage, we’ll focus on managing each income stream carefully, deciding when to activate them, and planning for unexpected future costs ...

... Things like medical emergencies, home repairs, or long-term care.

These types of expenses can arise suddenly, so being prepared is essential.

When it’s time to dive into Money Management, you’ll meet with your dedicated Retirement Of Your Dreams Expert.

This professional will offer personalized advice and strategies tailored to your unique financial situation and retirement goals ...

... guiding you through each part of Money Management to ensure you feel confident and comfortable with the plan.

This isn’t just a suggestion; it’s a vital step.

Effective Money Management requires the right expertise. A distribution expert ensures your funds are managed wisely throughout retirement.

This could involve diversifying your investments, regularly reviewing your financial plan, and adjusting as needed.

In this series, we’ll answer three critical questions to give you the confidence and security you need to achieve the retirement of your dreams:

1. The Accumulation Phase, where you build the foundation for your future.

2. The Waiting Period, also known as the Retirement Red Zone, is a critical time to ensure the solidity of your plan.

3. Retirement Income of Your Dreams: setting up the income stream that supports your retirement goals.

Throughout this series, we'll provide practical insights and expert advice to empower you to fulfill the retirement of your dreams.

And give you a sense of confidence and control over your financial future!

Whether you're just starting to plan for retirement or looking to fine-tune your existing strategy, join us on this journey.

The Retirement Of Your Dreams awaits...

...and we’re here to help you make it a reality!

If you’re ready to take the next step toward the retirement of your dreams, contact us today.

Before we dive in, let me introduce myself to those who may be new here.

I'm Jason Bergquist!

I empower individuals and families to create the Retirement Of Their Dreams.

For over twenty years, I've been guiding people through the ups and downs of the markets.

My goal is simple: to educate, empower, and inspire hope in everyone who wants to build a fulfilling retirement.

This journey became my calling in 2010, during a challenging time in my own life.

Facing a financial low point after my divorce, I realized I wasn’t practicing what I preached.

That’s when I committed to living by my own advice.

I became an Independent Financial Professional and earned my certification as a Certified Financial Fiduciary.

This experience taught me the importance of always acting in my client's best interests.
Today, I work with a team of experts dedicated to helping you create the Retirement Of Your Dreams.

Again, we’re kicking off Part 1 of our 3-Part Series ....

Today, we’ll cover three crucial areas:

1. The Accumulation Phase, where you build the foundation for your future.

2. The Waiting Period, also known as the Retirement Red Zone, is a critical time to ensure the solidity of your plan.

3. Retirement Income of Your Dreams: setting up the income stream that supports your retirement goals.

Let’s dive into each point ....

Everyone has an “Accumulation Expert.”

What do I mean by that?

In the Accumulation Phase, you play a crucial role in building your retirement as you save for your future.

Every decision you make ...

... whether through your own research, advice from friends and family, or guidance from an agent or advisor ...

... contributes to shaping the foundation of your retirement.

Your active involvement during this phase empowers you, giving you control over your future.

Whether you consult with your HR director about your 401k options, manage a TSP plan as a government worker, or rely on advice from friends, family, or even Google ...

... you’re taking proactive steps to secure your future!

For most people, retirement planning starts with employer-sponsored plans, but having any plan in place is what matters most.

But while you’re building during the Accumulation Phase, there’s also the other side of retirement ...

... the Distribution Phase, which requires just as much expertise and planning.

So, what does that second half of retirement look like?

As we move beyond the Accumulation Phase, where experts have helped you grow your savings, we enter the Distribution Phase ...

... where you’ll need guidance to effectively manage and distribute those savings to
support the Retirement Of Your Dreams.

In retirement planning, we refer to this crucial phase as the "Retirement Red Zone."

This is when you must be especially careful with your investments and ensure a solid plan is in place.

I've covered this topic in my other videos, particularly in "Money Markets, Part Two," where we delve deeply into the Retirement Red Zone.

But today, I want to recap and share a real-life story of one of my clients who experienced the importance of this phase firsthand.

If you Google it, you’ll find that many financial experts agree this period is critical.

It’s time to double-check that everything in your financial plan is structured correctly to protect you.

However, I’ve expanded on this idea in my previous videos, and here's why:

Let me tell you about Tony, a friend and client of mine.

When Tony initially set up his retirement plan through his job, he didn’t know me.

He structured it like many people, pouring money into his 401k and building a substantial nest egg.

By 2008, he had accumulated nearly half a million dollars and planned to retire around 2009.

Tony worked for a construction company ...

... a sector that took one of the hardest hits during the crash.

His 401k was heavily invested in his company’s stock, and unfortunately, 80% of his portfolio was tied up in that single asset.

When the market dropped, his company stock plummeted by 95%, and his retirement fund suffered a devastating loss.

When Tony and I eventually sat down to reassess his plan, we realized that his “Retirement Red Zone” should have started well before the typical five-year window.

We needed to account for market volatility over an extended period to safeguard his retirement.

In fact, the market's performance from early 2001 to 2013 showed periods of recovery followed by additional downturns.

This underscores the importance of stretching the Retirement Red Zone beyond 5 years to account for unexpected market conditions.

That’s what we’re here to help you with.

When you meet with one of our Retirement Of Your Dreams experts, we’ll ensure your Retirement Red Zone is fully covered.

And we’ll also prepare contingency plans to protect you over a longer time horizon if necessary.

Now, let’s move on to:

When I talk about the "Retirement of Your Dreams," it's not just a phrase ...

... it’s a goal we focus on to ensure you never have to worry about outliving your money!

The key is having a steady, reliable retirement income that supports your lifestyle, regardless of what life throws your way.

Your Retirement Of Your Dreams Expert will work with you to establish and secure this retirement income.

We’ll ensure that it's structured to give you peace of mind, knowing that your income stream is stable and sustainable.

You may have heard me mention Cynthia in my previous videos.

I’ve worked with her for about five years, helping her plan and build a retirement that aligns with her goals.

Cynthia is now at the point where she’s ready to retire.

During our planning, we carefully set up strategies to cover her Retirement Red Zone. Over the last few years, she's adjusted her lifestyle.

... working less, traveling more, selling a home, buying a new one, and even navigating a divorce.

Now, she’s preparing to step away from work entirely and plans to retire by the end of this year.

But we also have a contingency plan if she works part-time for a few more years.

This flexibility allows Cynthia to pursue her goals and choose her retirement path on her terms.

If you’re ready to create a similar roadmap for your retirement, contact a Retirement Of Your Dreams Expert.

We’ll build a plan that adapts to your unique goals, setting you up for the Retirement Income of Your Dreams.

The first in our 3-part series, "Money Management to Create the Retirement Of Your Dreams," covering:

1. The Accumulation Phase – where you build the foundation for your future.

2. The Waiting Period, also known as the Retirement Red Zone, is critical to ensure your plan is solid.

3. Retirement Income of Your Dreams – setting up the income stream that supports your retirement goals.

At Retirement Of Your Dreams, we empower you to achieve the retirement vision that’s uniquely yours.

Whether that means stepping away from work entirely or continuing part-time for enjoyment, we’ll ensure that your plan aligns with your vision.

So, give us a call and schedule a time to meet with one of our Retirement Of Your Dreams Experts.

Let’s create the blueprint that brings your dreams to life.

With expert guidance and a solid plan, you can confidently embark on your retirement journey!

Take control of your financial future by overcoming any initial jitters and embracing the changes needed to achieve your goals.

Timing may not always be perfect, but having a well-thought-out plan and acting is vital.

Whether you’re exploring in-service distributions or transitioning your retirement funds,
... or learning how to navigate market fluctuations ...

... our Retirement Of Your Dreams Experts team is here to support you every step of the way.

Stay tuned for Part 2 next week, when we’ll explore Money Management strategies to solidify your financial future.

Thank you for trusting Retirement of Your Dreams to be your partner on this critical journey.

I’d love to know your BIGGEST takeaway from today’s video.

Share your thoughts in the comments below!

I’m Jason Bergquist.

And we’re dedicated to empowering YOU to LIVE the Retirement Of Your Dreams!