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No One Loves Your Money Like You Do: The Ultimate Retirement Planning Guide for Business Owners and Private Practitioners by James Jackson

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16

Emergency Alternatives

Even if you follow every step in this book religiously, things may still go wrong. You know the old saying, “Even the best laid plans of mice and men …” Despite your best efforts and careful planning, something unexpected may happen in the markets or in your personal life. However, if you are diligent with your investing, most situations won’t be severe enough to cause you to run out of money.

You can expect that the market will probably go down sometime during your retirement. After all, you are going to be retired for 20 or 30 years or more. You can bet the TV programs and the newspapers are going to scare you. But if you are careful and if your Holding and Spending Pots (discussed in Chapter 14) have three years of ...

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