Understanding where you are at...........

People spend years planning for their retirement. They often continue with the same investment philosophy into retirement. They invest their money as if they were preparing for retirement instead of investing their money as if they were retired.

Many retirees fail to realize that at this point in their life they actually have two separate pools of money with completely different investment objectives.

They often are instructed by their financial advisor to ignore the second pool and invest everything based on the objectives of the first pool.