Avoiding Common Retirement Pitfalls: A Guide for Boomers
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Avoiding Common Retirement Pitfalls: A Guide for Boomers
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In this episode of Financial Fuel, host Trent Miles dives into the common financial mistakes made by baby boomers as they approach retirement. He discusses the pitfalls of over-relying on Social Security, the dangers of playing catch-up too late in the game, and the often underestimated costs of healthcare in retirement. Trent emphasizes the importance of having a diversified income plan that includes various sources of income, such as pensions, investments, and Social Security, while also addressing the need for tax planning and estate planning to ensure a smooth transition into retirement. The conversation is filled with practical advice and statistics that highlight the financial landscape for boomers today, encouraging listeners to take proactive steps in their retirement planning.
If you have any questions about your own retirement call Trent Miles 800-893-1719
or click here to visit our website.
Retiring, Retirement, Saving, Save, Plan, Planning, 401K, Pension, IRA,
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