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Planning for a long retirement

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Keefer M., age 55
Anacortes, Washington
"I don't care about huge returns; I'd rather know that we can draw what we need."

Keefer's Tips

  • "Monitor the market, but don't make investment decisions in the moment."
  • "Keep some of your portfolio in cash, to take advantage of market dips."
  • "When you get a raise, increase your 401(k) contribution. It's painless saving."


  • Keefer sold his business and retired at age 47.
  • Sought guidance on handling his investments.

Planning for a long retirement.

"I worked hard to grow my general contracting business; I wasn't planning to retire. But I got lucky; someone offered to buy the business for a good price. My wife and I grabbed the opportunity to retire to our summer home."

How much money do you really need to enjoy life?

"I don't care about growing our investments as much as I do about maintaining the principal. I don't want to watch the numbers go up and down. My portfolio is 82% fixed income, 16% cash—just in case—and 2% securities. It's not high-yield, but I'd rather be able to sleep at night and just draw down the income. I don't want to find out one day that I've lost everything and have to go back to work. If I had to worry about money, I wouldn't be able to enjoy myself. Eventually, we'll make a plan to spend down the principal."

Take the Next Step.

Let's talk about the retirement you want.

Call 877-673-7970 for your complimentary retirement consultation.