Retirement Is a Journey: Do You Have the Map?

You most likely wouldn’t hit the road for vacation without having a plan, and retirement is a lot like vacation, so … here’s where to start.

A retired couple look over a map in an RV.
(Image credit: Getty Images)

If running out of money is your No. 1 retirement worry, you aren’t alone.

The latest Transamerica Center for Retirement Studies survey reported that 38% of workers said their greatest fear about retirement was the possibility of outliving their savings and investments. And it’s typically one of the first things I’m asked about when I meet with new or potential clients.

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William Thatcher
Founder and President, Thatcher Wealth Management

As founder and president of Michigan-based Thatcher Wealth Management, William Thatcher’s goal is to help his clients create successful retirement plans tailored to their specific needs. He passed the Series 65 securities exam and is an Investment Adviser Representative (IAR). He is life and health insurance licensed and has earned the National Social Security Association’s National Social Security Adviser designation. William is a graduate of Calvin University and started his career as an entrepreneur, co-founding the award-winning financial software company Anvil. He enjoys playing tennis, volunteering at church, hiking, spending time with friends and family, and he is passionate about giving back to the Grand Rapids community.