What if you’re about to retire—and the market takes a nosedive? For those in their 60s, looking toward retirement at 65, market volatility can feel like a punch to the gut. In this episode, we dive into how to confidently retire into a turbulent market, what lessons we’ve learned from past downturns, and why market dips aren’t as rare—or as disastrous—as they seem. You’ll learn why diversification matters, how to assess your true financial risk, and what practical steps you can take right now to protect your retirement plans.
We also walk through seven actionable strategies to help near-retirees prepare for financial independence in any market climate. From tracking your spending habits and adjusting expectations to thinking through tax efficiency and building a solid cash “bucket one,” we’ll help you shift your mindset, reset your priorities, and enter this next phase with greater clarity and confidence.
What You’ll Learn In Today’s Episode:
- Why retiring in a bad market isn’t the end of the world.
- How diversification protects you during downturns.
- 7 things to do before you retire in a volatile market.
- Why tracking spending now helps later.
- How to estimate how long your money will last.
- The importance of building a cash “bucket one.”
- Why tax efficiency matters in retirement.
- How to rethink withdrawal strategies.
- Ways to reset your priorities before retiring.
- When to seek professional financial guidance.
Ideas Worth Sharing:
- “Before your retirement, it is important to track what you’re spending and think about how that might change in retirement.” – Charlie Mattingly
- “There are always risks in markets, it’s just easy to forget that sometimes.” – Kevin Gormley
- “Start building your ‘bucket one’ where you have cash in the bank or in a brokerage account, because it’s nice to have a healthy amount of cash going into retirement. It sets you up to be able to ignore the bad stock market if you retire during a dip and it presents more conversion opportunities.” – Charlie Mattingly
Resources In Today’s Episode:
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