Episode 257: Protecting Your Nest Egg in Retirement with Theodore Hicks

Most of us are told the same thing about investing: stay the course, ride out the dips, and trust the long term. But what happens when you no longer have decades to wait out a bad market because you're retired, or about to be?

That's why in this episode of the podcast I talk with Theodore Hicks about what it really takes to protect a nest egg once the paychecks stop coming.

In this episode you will learn:

• Why the standard "invest for the long term" advice can be especially dangerous for people at or near retirement
• Why the national debt and Social Security's funding gap matter to your own retirement plan
• The truth about "safe" bonds and fixed income during a crisis or rising-rate environment
• How a rules-based, multi-strategy approach can help protect a nest egg through a prolonged bear market
• Why tax efficiency matters when managing withdrawals and why you shouldn't let the "tax tail wag the investment dog"