Wealth From Wisdom MAY 2018

What You Need to Know About Withdrawing Money in Retirement Wealth From Wisdom Radio Highlights

Life is full of surprises, and things don’t always go according to plan. Unfortunately, one of those surprises for a lot of folks is an early retirement. This month, host Paul West, along with co-host, Jim Caldwell, chat about how to prepare for an unexpected retirement — what to do now and steps to take later. Here are a few highlights. First, if you retire unexpectedly or anticipate you’ll have to retire earlier than you wanted, you are not alone. About 60 percent of Americans do not retire on their terms. Perhaps they’re downsized out of a job, their health takes a turn, or a loved one is in poor health and needs extra care.

out of the game earlier than expected. When that happens, you are no longer building up your assets, which would have allowed you to retire on your terms. In short, you may be left scrambling to pick up the pieces. The question you need to ask is this: If you were forced to retire today, would you be prepared? A lot of things may change as you head toward retirement, and you must be able to adapt to those changes. One way to be prepared is to construct a comprehensive financial plan. This isn’t a one-and-done plan — something you look at once and put on the shelf, never to look at again. Your plan should give you the flexibility you need to make adjustments as those curveballs come your way.

Last, but certainly not least, your financial plan should not be created with just you in mind — it should incorporate your spouse and any other immediate family members. Should something happen to you, a comprehensive plan will tell them what to do next. Are you ready for life’s next curveball? Find out more steps you can take to protect yourself and your family at wealthfromwisdomradio.com, and be sure to check out the podcast dated Jan. 27, 2018, on preparing for unexpected retirement!

It can be any number of things. But no matter the cause, you may find yourself

Sudoku

Sautéed Zucchini and Squash With Feta

INGREDIENTS

• • • •

1 zucchini

• •

2 teaspoons fresh thyme 1/4 cup crumbled feta cheese Salt and pepper to taste

1 summer squash

1/2 medium red onion

2 tablespoons extra-virgin olive oil

INSTRUCTIONS 1. Cut zucchini into 1/4-inch-thick semicircles. Dice onion. 2. Heat a large skillet to medium high. Add olive oil, onion, and thyme. 3. Once onion is soft (about 2 minutes), add zucchini and squash. Season with salt and pepper; cook 4–5 minutes until squash barely begins to caramelize. 4. Place in serving bowl and top with feta.

Answer on page 4

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