Episode 23: The Problem With Retirement Planning with Stephen Chen

Retirement planning – it can seem overwhelming.  It is a little less daunting when your realize that it is just a series of small steps, and that it is always changing.  And there are some great tools available on the internet to help you.  One of those tools was created by today’s guest.

Stephen Chen is the founder of NewRetirement.com, a website with do-it-yourself calculators that helps people figure out where they are, identify where they want to go, and make a plan for how to get there.  Steve talks with Devin about the challenges of financial planning, especially if you don’t have a huge amount of assets.

Highlights include:

  • Why your retirement plan is wrong.
  • The value of an independent advisor during market turmoil.
  • How your plan can help you manage through different crises.

It’s encouraging to hear that making a retirement plan doesn’t have to be this one-time, monster job.

Resources mentioned in this episode:



Devin and John’s free guide:  Three Steps to a Successful Retirement

Do you have a question about retirement planning?   Once a month, Devin and John answer listener questions.  Send yours to questions@bigpictureretirement.net.