👉Get Your Free Retirement Assessment: https://gudorffinancial.com/get-startedDanny Gudorf, a financial planner, warns against leaning too heavily on cash in retirement planning. He explains the crucial difference between nominal and real returns, showing how inflation quietly chips away at purchasing power. To safeguard long-term security, Gudorf recommends a balanced approach—keeping enough cash for short-term needs while investing in growth-oriented assets that can outpace inflation and preserve wealth over time.Key TakeawaysKeeping large amounts of cash can jeopardize your retirement.Inflation can significantly reduce your real returns.Nominal returns are misleading without considering inflation.Cash does not increase buying power over the long term.Investing in stocks and bonds is crucial for retirement growth.A healthy cash balance is necessary for emergencies.Cash should not replace bonds in a retirement portfolio.Understanding risk is essential for investment success.Chasing short-term yields can increase long-term risks.Work with a financial planner for a balanced approach. Resources:Gudorf Financial GroupGet Your Free Retirement AssessmentThe Retire Ready Toolkit (free resource)Subscribe on Youtube

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