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Don’t Make These Income Planning Mistakes
Manage episode 413201842 series 3347840
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Are you planning for your retirement with the confidence that you're making all the right moves? In today's episode, we'll unveil the crucial income planning mistakes that could jeopardize your retirement. Tune in to ensure your retirement strategy is foolproof against common pitfalls and ready to secure your financial future.
Here’s what we cover in this episode:
0:00 – Intro
4:38 – Planning to be retired for years instead of decades
6:39 – Starting Social Security too early
11:59 – Assuming bonds will be your main source of income
14:06 – Ignoring the impact of inflation
17:19 – Forgetting to create lifetime income streams outside of Social Security
17:19 – Failing to review and adjust your plan regularly
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