In this conversation, Ken and Nick Tumolo discuss the emotional impact of market volatility on retirement planning. They use a metaphor of a rancher and wild horses to illustrate the importance of making timely decisions in investing. The discussion emphasizes the need for a comprehensive retirement plan that goes beyond just having a 401k, addressing factors like taxes, long-term care, and market fluctuations. Kelly advocates for a structured approach to retirement savings that allows individuals to draw from safer investments during market downturns, ensuring financial stability in retirement.
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Ken Tumolo and his son Nick Tumolo join you on the Tumolo Financial Radio to offer solutions and strategies for your retirement planning needs. With decades of financial planning experience, Ken and Nick offer tax recommendations, estate planning advice, Social Security maximization, wealth management, retirement income planning and much more.