Ep 60: Guessing at Retirement Planning

Are you guessing at retirement planning? If so, what could it be costing you?

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The Game Plan

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.

The X’s & O’s

Check out the timestamps below to skip around to specific topics on the show.

[1:27] Monthly income

[4:03] Major purchases

[6:00] Inflation

[9:44] Healthcare costs

[11:51] Having a plan

That’s going to raise healthcare costs. Home healthcare is going to be more expensive, along with assisted living and nursing home care. Those three things are affecting the baby boomers dramatically and will continue to do so in the future.

– Dale Tondryk

More To Explore

Ep 80: Best Intentions, Bad Advice

You likely seek financial advice from lots of different sources. And some of those sources will certainly have good intentions, but they’ll often give bad

Ep 79: The Desire to Retire

People have different feelings when it comes to their desire to retire. We broke this concept down into five sections that we will explore today.

QUESTIONS FOR DALE?

MORE WAYS TO GET IN TOUCH

952-401-1671

dale@tondrykfinancial.com