Retirement is a unique journey for each of us. The thought that there's a one-size-fits-all solution is a myth, but what if we told you there are certain universal truths that can guide every retiree? Dive deep in this episode, where we juxtapose the individuality of retirement plans with the foundational principles that remain consistent across the board. This is part 1 of a 2-part series.
It's no secret that the pursuit of a comfortable life is a central theme in American culture. But what does financial "comfort" truly mean for many Americans? According to a Bankrate survey, many feel like they are falling short of what they'll need to feel confident in their retirement years. Join us as we take a look at these results, which show that many Americans think they need a $233K salary and $1.3 million for retirement to feel comfortable. Is this an accurate assumption? Mike will share his thoughts and more in this episode.
Are you preparing for retirement but feeling confident that you have covered all the expenses? Well, think again... It turns out that many retirees overlook some crucial expenses that can leave them financially vulnerable. In this episode, we explore the retirement expenses that most people tend to forget, including skyrocketing medical bills, unexpected travel costs, taxes, and much more. We'll discuss practical tips and strategies to help you plan for these expenses and ensure a secure and comfortable retirement
Do you ever feel like your retirement planning goals are always moving? You're not alone. We’ve found that people often move the goalposts in their own retirement planning, often to their detriment. In this episode, we're diving deep into the psychology of retirement planning and the dangers of moving the goalposts.
Are you confused about the four different parts of Medicare and what they each do? Tune in to today’s podcast episode where we'll be breaking down the ins and outs of Medicare and help you understand the basics of this important healthcare program. But don't be fooled, Medicare isn't free and doesn't cover everything you'll need in retirement. From routine eye exams to long-term care, we'll also discuss the services that Medicare doesn't cover and the importance of having a comprehensive retirement plan in place. Join us as we navigate the crucial world of Medicare.
Retirement can come with a lot of tax questions and concerns. From understanding the tax implications of withdrawing from your retirement accounts to minimizing taxes on investment income, it can be overwhelming. On today’s episode, we’ll break down the top ten tax questions retirees are asking in 2023. Before you file your 2022 taxes and plan ahead for the rest of the year, make sure to listen to this episode as we’ll discuss some important tax questions that retirees should ask themselves to ensure they're making the most of their retirement savings and minimizing their tax burden.
Another year is upon us and it’s a great time to ask yourself these questions to assess how ready you are for retirement to kick off 2023. If you’re retiring this year, it’s essential to have some concrete answers to these questions. If you’re still a few years from the milestone, tune in so you can start thinking about these critical conversations.
Market volatility became the norm in 2022. Are we in for more of the same in 2023? We’ll talk about the market outlook for the next 12 months, plus share tips on how you can best prepare for potential future volatility.
Getting through retirement can be a lot like running a marathon. Let’s talk about some of the similarities of getting to the finish line in racing and retirement.
There are plenty of decisions that you’ll make in the retirement planning process that can’t be undone, so you want to make sure that you make the right call. On this episode, we’ll explain why these decisions are so important and can’t be undone.