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Tag Archive: what do runways and annuities have in common

Don’t Run out of Runway!

Pat Kerfoot

“Doc” was a friend of my father. He had been a P-51 pilot serving in Europe during the Second World War.  One day I asked “Doc” what his greatest worry had been as a pilot.  He looked off in the distance and then sighed: “Son, you never want to run out of runway!” “Doc’s” words have come back to me many times over the years; especially when talking to clients about their retirement planning!  How many time I have met with retirees and pre-retirees who...

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