Biggest Mistakes in Saving for Retirement

Wealth Strategy with Bryan Rigg

Today we're going to hit on a few topics that I think you'll find interesting. We're going to talk about savings plans for college education, then we're going to roll into some big mistakes that people make in saving for retirement.

Later in the show, after the bottom of the hour, we're going to deal with the cost of healthcare after retirement. How expensive is it, and can you plan for it, even though we don't know what it's going to be? I can tell you it's going to be expensive.

Finally, we're going to close the show with planning for the IRS and tax penalties while you're investing. Whether it's in the market, or 401(k)s, or IRAs, there are tax consequences and things you need to be aware of, so we're going to try and open the pantry door on that.

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RIGG Wealth Management offers securities to Broker Dealer Financial Services, Member SIPC and advisory services through Investment Advisors Corp and SCC registered investment advisor. RIGG Wealth Management is not a subsidy area of Broker Dealer Financial Services. Neither RIGG Wealth Management nor Broker Dealer Financial Services offer legal advice. Client should consult their attorney of choice on all legal matters.

Opinions expressed on this program do not necessarily reflect those of Broker Dealer Financial Services. The topics discussed and opinions given are not intended to address the specific needs of any listener. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Examples mentioned are for illustrative purposes only, individual results may vary. Past performance is no guarantee of future results. Investing involves risk including loss of principle. Rebalancing can entail transaction costs and tax consequences that should be considered when determining a rebalancing strategy.