Summary: If you’ve never listened to The Retirement Answer Man before, you’re in for a real treat today. Roger has a great show in store that includes an invitation for you to get your questions answered on the show. Really, your retirement or financial planning related questions are exactly what Roger wants to feature more in the show (just like he did in this episode, where he featured Robert’s question about facing retirement with little preparation.) If you’d like to pose your question, go to <a href="http://www.RogerWhitney.com/RetirementAnswers">www.RogerWhitney.com/RetirementAnswers</a><br> The markets have been pretty crazy lately. Are you getting nervous, yet?<br> Roger’s jokingly called it “Correction Watch 2015,” meaning that everyone seems to be keeping a very close eye on the financial markets in the U.S. these days. Is it only a correction or is it a harbinger of something worse to come? Nobody knows, and the effect that uncertainty has on most people is to cause them to feel unsettled and afraid. What should you do? In this episode of The Retirement Answer Man, Roger gives some practical advice about how to handle volatile financial times, advising you how to become comfortable with your investing strategy in an uncertain world such as ours. It’s valuable advice. Listen in as Roger gives Robert some personal advice, on this episode of The Retirement Answer Man.<br> <br> <br> // <br> When you start investing, think of it like walking around an amusement park, assessing the rides.<br> Which ones seem like a bit too much for your tastes? Which are just your speed? Which would make you lose your lunch? Once you’ve asked those kinds of questions, you’re ready to make the decision about which rides you will board. You know how to do this, you do it all the time in various areas of life. You’ve got to learn to do the same thing when it comes to investments. How much risk are you willing to take? How much risk is needed? How long is the financial ride you want to take? Once you have those answers you’ll have a better idea of which financial vehicles will suit your goals best – and you’ll board the roller coaster with a full understanding of what is possible down the line. Hear more of how Roger applies this great analogy in this episode.<br> How can you even begin estimating the monthly expenses you’ll need for retirement?<br> It’s one of the first things you need to do when you begin planning toward retirement, but it’s not as easy as it sounds. Where do you start? In this episode of The Retirement Answer Man, Roger uses the “Practical Planning Tip” segment to give some step-by-step guidelines in regard to projecting what your monthly expenses will be once you retire. He goes from vital necessities to discretionary income and more. Don’t miss this practical tip. It’s one of the most valuable parts of today’s podcast.<br> How can I begin saving for retirement when I’m already past 50 years old and don’t have a very good start?<br> That’s the question Robert asks today, and as he says in his recorded question, it’s one that many, many people are facing today. Are investments the answer? Do you need to funnel every available dollar into a high risk but potentially lucrative investment? Or are there some other things you can do? With great empathy Roger Whitney answers Robert’s question with some practical ways he can not only begin retirement savings and investing, but also increase his monthly income to afford him more opportunity to save. And besides all that, Roger’s not convinced that everyone needs to retire at 65 – so that creates a longer time frame to save than the question. <br> OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN<br> <br> [0:32] Roger’s welcome.<br> [1:32] Introduction to the show – today’s topics<br> [2:54] How YOU can get your questions answered on the show.<br> [3:40] One way you can help Roger make the show better for YOU!<br> <br>
