Video Description

Take control of your retirement. Schedule your FREE Discovery Call with The Clark Group Asset Management here: https://form.typeform.com/to/S4P7E4Ie If you think hitting $2 million means your money worries are over — think again. Because for most retirees, reaching that milestone doesn’t mark the finish line… it marks the start of a new set of challenges that creates more advanced financial planning. In this video, Brandon Clark, CFP® and CPWA®, breaks down why everything changes for retirees once they cross the $2 million threshold, and what the data shows about those who spend confidently versus those who hold back. Even among high-net-worth retirees, we see the same four traps derail financial freedom — over and over again: You’ll also learn: ✅ What the latest Kitces research reveals about the “consumption gap” — why most retirees underspend and end up dying with more money than they started with. 📖 Read the full article here: 👉 https://www.kitces.com/blog/consumption-gap-in-retirement-why-most-retirees-will-never-spend-down-their-portfolio ✅ How a $2 million portfolio can safely support $80,000–$120,000 in annual spending when structured properly. ✅ How to use Roth conversions and tax-efficient asset location to reduce lifetime taxes. ✅ Why true financial confidence doesn’t come from a product — but from a process. Disclosures: Brandon Clark, CFP®, CPWA®, is the Director of Financial Planning at The Clark Group Asset Management, a fee-only registered investment advisory firm in Southern California, but with clients all across the nation. The Clark Group Asset Management is a registered investment adviser. The information discussed in these videos should NOT be taken as financial, tax, legal, or investment advice. This video is hypothetical and intended for educational purposes only. Please consult the appropriate professionals for each topic. Material presented is believed to be from reliable sources. However, we make no representations as to its accuracy or completeness. #retirementplanning #retirementsavings #investmentmanagement #socialsecurity