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Choosing your Florida dream home is easier than ever. Now, all of
GlenLakes’ amenities are yours to enjoy — and every resident is a member.
Whether you live for golf — or tennis is your love, it’s all here and included.
A refreshing resort-style pool, fine dining, a state-of-the-art fitness center,
pickle ball — and a social calendar filled with events, clubs, trips and more.
Life couldn’t be better than here, on Florida’s scenic Nature Coast.
With everything included, the choice is up to you.
WE MAKE FLORIDA LIVING EASY
The Rest is Up to You
Surrounded by 85,000 acres
of state-protected preserve
is critical – make sure you understand your window to
enroll to avoid potentially lifelong penalties.
Also, don’t forget about the possible need for long-term healthcare if you have a chronic illness or require
assistance with things like bathing or eating independently.
This type of care can set you back hundreds of thousands
Talk to a financial planner and educate yourself on the
options you have to hedge against expensive medical care.
Underestimated healthcare costs can completely destroy
an otherwise thoughtful retirement plan.
Imagine you are on the cusp of living out your dream
retirement. Everything is coming together – you’ve picked
a date to give your two weeks’ notice, decided where you
will live, and what country club you will join. A few of
your friends beat you there and are living their best life.
Now imagine your portfolio declines by 10, 20, or even
30%. How would this impact you? Would it push back
or destroy your retirement vision? How would this impact
your friends who have already retired? Would they need
to try to find work to supplement their income? This was
the reality for many during the financial crisis – we in the
industry know because they sought our help after the fact
– and of course, there wasn’t much that could be done.
This doesn’t have to be you. Whether retirement is in your
sights or you are already sipping cocktails on the beach,
you can protect yourself from some, if not all, of this risk.
One sound strategy you have is to beef up your cash
position. In a low interest rate environment, it is easy
to forget that cash is an important part of an overall
portfolio. It is wise to have enough cash to be able to
ride out a market downturn without having to touch your
Depleting your portfolio
Ask yourself this, how much money can I confidently
withdraw from my portfolio every year without running
a high risk of depleting it prematurely? The old school
of thought was 4% per year, if retiring at age 65. In
other words, if you have a $1,000,000 portfolio,
$40,000 (before taxes) per year is what would have
been a recommended withdrawal amount. But times