Inheritance<\/strong>
<\/h4>\n\n\n\nYou can allocate part of your wealth distribution for leaving an inheritance for your children. You could also mark some wealth for charitable giving as well.<\/p>\n\n\n\n
Consider giving part of inheritance with a warm hand rather than a cold hand. Giving with a warm hand means giving money away while you are still around.<\/p>\n\n\n\n
Inheritance given with a warm hand can be more useful for your beneficiries. <\/p>\n\n\n\n
It will also minimize chances of any feuds after you are gone.<\/p>\n\n\n\n
Do not, however, give away all your planned inheritance while you are still around. <\/p>\n\n\n\n
It is very important to strike the right balance between the warm hand and cold hand inheritance.<\/p>\n\n\n\n
The outline above should give you a good understanding about the 3 wealth phases in retirement planning.<\/p>\n\n\n\n
Moving from one phase to the next and adapting your portfolio to these changes will lead to a financially secure retirement.<\/p>\n","protected":false},"excerpt":{"rendered":"
The financial journey of retirement planning consists of three distinct wealth phases. Managing these 3 phases properly is the secret to a financially secure retirement. Each of these phases involve varied emotional and practical challenges. The better you understand these challenges, the better you can adapt to go through them. What are the 3 Phases […]<\/p>\n","protected":false},"author":1,"featured_media":4439,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7],"tags":[],"yoast_head":"\n
3 Wealth Phases of Retirement Planning<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n