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Ep 60: Guessing at Retirement Planning
Manage episode 366901620 series 2603366
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There are some things in life that you can guess at. However, when it comes to your retirement plan there are a few major questions and factors you certainly don’t want to guess at. This is especially true if you aren’t working with an advisor. A lot of people estimate the monthly income they need, but just guessing a number won’t cover it.
Do you know what major purchases you are going to go through with once you are retired? You can’t guess for these big purchases, you have to plan them out in order to protect your emergency savings. Join us today as we discuss 4 areas in retirement planning you shouldn’t be guessing at and what could go wrong if you do.
What we discuss:
1:27 – Monthly income
4:03 – Major purchases
6:00 – Inflation
9:44 – Healthcare costs
11:51 – Having a plan
Get additional financial information: https://retirementplaybookpodcast.com/
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