Brian Fricke, author and retirement planning expert, tackles a retirement misconception in a new article about safe withdrawal amounts from your investments. 

Orlando, Fla. – June 3, 2010 – Brian Fricke, CFP founder of Financial Management Concepts and “Worry Free Retirement” author/expert, recently published an article on his website titled “How Much Money Can You Safely Withdraw From Your Investments” where he debates a common misconception among retirement planners. 

“It’s a common misconception — that in order to have enough money to get through the rest of your life, you want a withdrawal rate of no more than 4-6% of your investment account(s),” remarked Brian.  “I don’t argue with the research behind the 4-6% rule. However, when you apply it to the real world; I think it is just a little bit flawed,” Brian continued. 

The article goes on to explain how the 4-6% rate is a “one-size-fits-all” solution, and that individual situations can help to determine a reasonable withdrawal rate.  Brian also writes how  flexibility is one of the most important parts of planning your “financial roadmap.”

“Think of your money as a pension fund. Unless you need all of your money today, the amount you have on any given day really isn’t the most significant issue. The most significant issue is — do you have enough money to generate the income stream or withdrawal rate that you need or desire from your money?” wrote Fricke.

The entire article can be found at http://www.brianfricke.com/articles/how-much-money-can-you-safely-withdraw-from-your-investments.php

Orlando Business Journal has named Brian’s company, Financial Management Concepts, one of the top financial planning companies in Central Florida. Financial Advisor magazine – an industry trade journal- has recognized him as one of the leading financial planning firms in America.  Brian Fricke is a Certified Financial Planner.  Financial Management Concepts is a Fee Only Financial Planning firm. They currently manage over $98 million of investment assets for a select community of clients. 

Brian also holds a weekly teleconference call, “Coffee Talk,” which is a live call held every Tuesday morning from 9-9:30am, to discuss current economic and lifestyle issues that affect retirees and anyone wanting to retire within the next 5 years.  Brian has also recently launched a live in-person meeting, built around the teleconferences, called “Coffee Talk Live.” These teleconferences and live events are not limited to clients and will be available to the public, free of charge.  Details for each week’s call can be found at http://www.BrianFricke.com/news_room 

For more information about Brian Fricke and Financial Management Concepts, please visit http://www.BrianFricke.com.  You can also call toll free 1-800-294-4917 or send an email request to [email protected]

 

About Brian L. Fricke, CFP®:

Brian Fricke is the Author of “Worry Free Retirement, Do What You Want, When you Want, Where You Want”. 

For the last 6 years in a row Brian and his company – Financial Management Concepts – have been named one of America’s Top Wealth Managers. 

Orlando Business Journal has named his firm one of the top financial planning companies in Central Florida. Financial Advisor magazine – an industry trade journal- has recognized him as one of the leading financial planning firms in America. 

If you’ve been in Central Florida over 10 years, you may have heard him on the radio. He used to host his own show on WDBO radio. He’s also served on the City of Winter Springs Board of Trustees Pension Fund.  

Brian is a Certified Financial Planner. His firm – Financial Management Concepts – is a Fee Only Financial Planning firm. They currently manage over $98 million of investment assets for a select community of clients. 

Brian and his team have worked with retirees and pre-retirees from companies like AT&T, Sprint, Harris, Lockheed Martin and Siemens/Westinghouse.

For more information, please visit http://www.BrianFricke.com