Episode notes
[Key Timestamps and Topics]- [1:06] How people often approach spending their retirement funds
- [4:30] The effects of taxes on retirement spending and saving
- [5:45] The drag of Medicare costs
- [10:16] Helping your kids launch their lives can be expensive and affect your retirement money
- [12:41] How to prepare for healthcare costs
- [15:43] Conservative investments won’t work after you’ve reached retirement
- [17:40] How much should you spend in retirement
- What are some common mistakes people make in retirement planning that leads to disaster?
- There are two common approaches to spending retirement money: the overly frugal and the spender.
- Conservative investments likely won’t work after you’ve hit retirement age – becaus ...