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5 Big Money Mistakes In Retirement Planning
Manage episode 365518864 series 2891513
No one enjoys making mistakes, as they can result in wasted time and money and cause significant stress and frustration. In the complex world of retirement planning, there are countless pitfalls one could fall into if you aren’t properly prepared. In this episode, we’re going talk about the top 5 money mistakes that Scott often sees in retirement planning and how to avoid making them.
Here's what we’ll discuss in this episode:
- Start strategizing about your future taxes in retirement. (3:13)
- Utilize efficient investments in the right buckets. (7:40)
- Should you be considering Roth conversions? (8:57)
- Taking Social Security too early. (12:13)
- The importance of having a clear purpose going into retirement. (17:45)
- Planning for health care expenses in retirement. (20:03)
- Being too conservative going into retirement. (22:38)
Want to get in touch?
Web: https://sierensfinancialgroup.com/
Email: office@sierensfinancialgroup.com
Phone: 847-235-6989
Read more and get additional financial resources here: http://lifemoneyshow.com
Check out our YouTube channel: https://www.youtube.com/channel/UCPhQ-u12d60Z0HNCwwVubdQ
Social Security Guide: http://lifemoneyshow.com/socialsecurity/
Life of Tax Article: https://www.self.inc/info/life-of-tax/#:~:text=Key%20statistics,(%241%2C571%2C244)%20spent%20on%20taxes
Medicare Episode: https://five.libsyn.com/episodes/view/26813553
156 afleveringen
5 Big Money Mistakes In Retirement Planning
The Retirement Show: Your Life, Your Money with Scott Sierens
Manage episode 365518864 series 2891513
No one enjoys making mistakes, as they can result in wasted time and money and cause significant stress and frustration. In the complex world of retirement planning, there are countless pitfalls one could fall into if you aren’t properly prepared. In this episode, we’re going talk about the top 5 money mistakes that Scott often sees in retirement planning and how to avoid making them.
Here's what we’ll discuss in this episode:
- Start strategizing about your future taxes in retirement. (3:13)
- Utilize efficient investments in the right buckets. (7:40)
- Should you be considering Roth conversions? (8:57)
- Taking Social Security too early. (12:13)
- The importance of having a clear purpose going into retirement. (17:45)
- Planning for health care expenses in retirement. (20:03)
- Being too conservative going into retirement. (22:38)
Want to get in touch?
Web: https://sierensfinancialgroup.com/
Email: office@sierensfinancialgroup.com
Phone: 847-235-6989
Read more and get additional financial resources here: http://lifemoneyshow.com
Check out our YouTube channel: https://www.youtube.com/channel/UCPhQ-u12d60Z0HNCwwVubdQ
Social Security Guide: http://lifemoneyshow.com/socialsecurity/
Life of Tax Article: https://www.self.inc/info/life-of-tax/#:~:text=Key%20statistics,(%241%2C571%2C244)%20spent%20on%20taxes
Medicare Episode: https://five.libsyn.com/episodes/view/26813553
156 afleveringen
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