logo
episode-header-image
Sep 2021
13m 11s

1664: [Part 1] Running Low in Retirement...

Optimal Living Daily | Diania Merriam
About this episode

Darrow Kirkpatrick shares income strategies for when you're running low in retirement. This is part 1 of 2.

Episode 1664: [Part 1] Running Low in Retirement - Income Strategies by Darrow Kirkpatrick of Can I Retire Yet

Darrow Kirkpatrick is the founder of CanIRetireYet.com. He began serious investing in his mid-30s and retired at age 50. He's not a dot com millionaire and didn't become financially independent by flipping real estate or trading hot stocks. He did it the traditional way: hard work, frugality, prudent investing, and patience.
When it comes to personal finance, his top priorities are simplicity, reliability, and safety. Now his mission is to help others become financially independent as he did.

More recently, Chris Mamula has been managing the blog and he's a frequent writer on the site. Chris used principles of traditional retirement planning, combined with creative lifestyle design, to retire from a career as a physical therapist at age 41. After poor experiences with the financial industry early in his professional life, he educated himself on investing and tax planning. Now he draws on his experience to write about wealth building, DIY investing, financial planning, early retirement, and lifestyle design.

The original post is located here: https://www.caniretireyet.com/running-low-in-retirement-income-strategies/

Please Rate & Review the Show!

Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group

 Join the Ol' Family to get your Free Gifts 

Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily

Learn more about your ad choices. Visit megaphone.fm/adchoices

Up next
Today
3207: Moderate and Selective Frugality by ESI on Intentional Spending and A Balanced Lifestyle
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3207: ESI explores the idea of “moderate and selective frugality,” contrasting it with the extreme frugality of the Amish a ... Show More
10m 24s
Yesterday
3206: 6 Types of Credit Cards You Need to Avoid by Kumiko of The Budget Mom on Financial Security
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3206: Many credit cards promise rewards and flexibility, but as Kumiko warns, certain types can trap you in debt and threat ... Show More
11m 9s
Jul 8
3205: Will Credit Inquiries Hurt Your Credit Score by Miranda Marquit with Good Financial Cents
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3205: Your credit score plays a crucial role in securing loans, housing, and favorable interest rates, but not all credit i ... Show More
11m 6s
Recommended Episodes
Mar 2023
MI Rewind: Retiring at 35 w/ Steve Adcock
Steve Adcock retired at age 35 and currently lives off the grid in the desert. Prior to retiring early and achieving financial independence, he worked 14 years in the information technology field. Learn all about early retirement and more. IN THIS EPISODE, YOU’LL LEARN: 00:00 - I ... Show More
47m 16s
Jul 2022
320: Finance Friday: How to Invest When the 20-Year Grind Pays Off
Retirement strategies range from simple index fund investing all the way to full-on real estate development deals. What works for some investors won’t work for others. What’s most important to you is knowing what will or won’t work for your lifestyle. Some workers can easily do a ... Show More
1h 7m
Oct 2021
244: Finance Friday: Why a $1M Retirement Goal Isn’t Far Fetched For Late Starters
Retirement planning can be complicated when you have so many options to choose from. Do you stick with the Roth IRA, the 401k, the Roth 401k, your employee pension plan, or solely invest in stocks and real estate? With all these different types of accounts and their numerous bene ... Show More
1h 2m
Mar 2015
172-Retirement Planning From The Financial Advisor's Perspective: Interview with Roger Whitney, Host of the Retirement Answer Man Podcast
Retirement planning is at the core of the financial planning profession. But, it's a very complex subject and it's tough to wrap your head around the process. I've invited Roger Whitney, CFP®, CIMA®, CPWA®, AIF®, financial advisor and host of the Retirement Answer Man Podcast on ... Show More
59 m
Mar 2023
REI171: The Journey to Early Retirement w/ Dave from Side Hustle Houses
Patrick Donley sits down with Dave from Side Hustle Houses on real estate Twitter, to talk about his journey to early retirement through building out his real estate portfolio. Learn the steps Dave has taken to grow his portfolio from an initial house hack to five rentals on an e ... Show More
1h 5m
Mar 2021
Build Your Path to Financial Freedom & Retirement At Any Age | Eric Brotman
Let’s talk about the “r” word – retirement. It’s going to look a lot different for you and me than it did for our parents and grandparents, and that’s a good thing. What does this mean to you? Well, it means that you're going to need to scrub your previous definition and fill it ... Show More
40m 44s
Dec 2023
The MONEY Expert: If I Was Broke Today, This Is EXACTLY What I’d Do | Patrick Bet-David
Patrick Bet-David immigrated to America at twelve years old, when his parents fled Iran as refugees during the Iranian Revolution. After high school, Patrick joined the U.S. military and served in the 101st Airborne before starting a business career in the financial services indu ... Show More
1h 13m
Nov 2017
From $52,000 In Debt To Early Retirement (with Deacon Hayes)
Thinking about retiring early but you're stuck in neutral with your debt? Maybe it's time to change your money habits. Deacon Hayes (recent winner of the Plutus' Blog Of The Year award), joins us to tell his personal "getting his money act together" story, that YOU can also use t ... Show More
54m 32s
Apr 2023
406: Finance Friday: Why FORCING Your Way to FIRE Isn’t The Way
The road to early retirement isn’t easy. Once you become dead-set on finding financial freedom, your entire world turns upside down. For many of us, this means spending as little as possible, ditching takeout, saying goodbye to expensive events, and becoming a frugal hermit in ou ... Show More
52m 1s
May 2023
408: Finance Friday: Why Retiring Early Isn’t As Simple As You Think
Early retirement is the holy grail of financial freedom. With a large enough nest egg, you no longer have to work, giving you the time to spend with your family and friends or do whatever you want. The problem? Hitting financial independence is much easier than most FIRE-chasers ... Show More
49m 18s