You know about the Three R’s of schooling — reading, ’riting and ’rithmetic – that continue to form the foundation of education even as it becomes much more complex and sophisticated.
There are also “Three L’s” that are just as foundational as you plan for retirement: Lifetime Income, Liquidity and Legacy.
These Three L’s address your objectives, and will drive your investment strategies and tactics. Just like a business plan, if you prepare and decide first on the objectives of the Three L’s¸ you will significantly improve your chances for a successful retirement. More