Which Should You Spend First in Retirement? (Most people get this wrong)
Looking for help planning your retirement? I am a Chartered Wealth Manager and Partner in a financial planning practice based in the UK. Find out how we can help here: https://go.novawm.com/yt/d4MDvcEcHXI Is my expenditure sustainable? • I'm 58 with £600,000 - How much can I spen... Normal Expenditure Out of Income Exemption Explained https://www.mandg.com/wealth/adviser-... Risk Warnings and Disclaimers Capital at risk. Past performance is used as a guide only. It is no guarantee of future returns. Different funds and asset classes carry varying levels of risk depending on the geographical region and industry sector. You should make yourself aware of these specific risks prior to investing. Prevailing tax rates and reliefs are dependent on your individual circumstances and are subject to change. We do not provide tax advice. Any examples used in the video are for illustrative purposes only and you may get less back than the figures shown. This video does not constitute personal advice. We do not take any responsibility for third party websites and content we may link to from this video. This video is issued by Shack Media Limited on behalf of Nova Wealth Limited. Shack Media Limited is an Introducer Appointed Representative of Nova Wealth Limited. Nova Wealth Limited is authorised and regulated by the Financial Conduct Authority (FRN: 778951) and is a limited company registered in England & Wales (10739796) at 20 Farringdon Street, London, EC4A 4AB James Shack™ property of Shack Media Limited Copyright © James Shackell 2025. All rights reserved. The author asserts their moral right under the Copyright, Designs and Patents Act 1988 to be identified as the author of this channel and any video published on it. 00:00 The Problem 01:37 Step 1 - Expect Income Cashflow Forecast 02:26 Step 2 - Estimate Retirement Spend 03:43 Step 3 - Assess Sustainability 04:11 First Lens - Retirement Income Optimisation 09:50 Second Lens - Legacy Optimisation 18:23 Third Lens - Diversification 19:34 Step 5 - Decide How to Invest
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