During this week's edition of the Common Sense Investing (CSI) Show, hosts Victor McClure and Steve Ringo focused on the intricacies of planning for retirement amidst increasing life expectancies. They emphasized the importance of understanding the differences between the accumulation and distribution phases of financial life, particularly highlighting the potential financial challenges that can arise if one's retirement savings are not adequately diversified and protected against market downturns. Victor underscored the necessity of a comprehensive approach that includes proper planning, stress testing of portfolios, and maintaining diversified income streams instead of relying solely on stock investments.

In their discussion, the hosts also tackled the topic of selecting financial products, such as annuities, explaining the significance of choosing high-rated companies to ensure reliability and income stability.  Additionally, they addressed the common misconceptions about Roth conversions and emphasized the critical need for tailored financial strategies that consider one's entire financial picture, including potential long-term care needs and spouse survivability.


For more information about Victor McClure, Steve Ringo and the McClure Capital team, visit https://mcclurecapital.com/