COSTLY MISTAKES
TOO MUCH CASH IN RETIREMENT
FROM BALTIMORE WASHINGTON FINANCIAL ADVISORS
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with Sandy Hornor | CEPS
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and
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About This Episode
Holding retirement savings in cash may feel safe, but over time inflation erodes purchasing power. In this episode, BWFA’s Sandy Hornor, Jr. and Tyler Kluge explain why too much cash can become a costly mistake—and how to find the right balance for long-term security. You’ll also learn why professional planning helps ensure that your money continues to grow, even as your needs and goals evolve.
Full Description
Many retirees feel comfortable keeping large portions of their retirement plan in cash. It provides stability, avoids market swings, and seems like the safe choice. However, cash alone cannot keep up with inflation. Over the years, rising prices quietly reduce its value, leaving less to cover healthcare costs, everyday expenses, and the retirement lifestyle you planned.
In this episode of Healthy, Wealthy & Wise, BWFA’s Sandy Hornor, Jr. and Tyler Kluge explain why holding too much cash can be risky. While every plan needs liquidity for emergencies, relying on cash at the expense of growth may limit your long-term success. Together, they share insights on how to strike the right balance, ensuring you maintain flexibility today while protecting your future purchasing power.
Listeners will also hear how professional financial planning can help determine the right mix of cash, bonds, and equities. With careful guidance, it is possible to feel secure while still allowing your portfolio to grow.
At BWFA, we believe retirement is about more than safety—it’s about sustainability. This episode offers practical guidance for making smarter decisions, avoiding common pitfalls, and staying on track for the future. By learning how to balance risk and reward, you can create a retirement strategy designed to last.
For more retirement strategies, visit BWFA’s Financial Planning Services.
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