The Game Plan
The Baby Boomer generation is heading into retirement and we talk quite a bit with them about their financial concerns and the unique challenges they’re faced with.
This generation, like all others, has to face scenarios that their parents didn’t, but we’re preparation and planning can ease many of their retirement worries. Today we’ll talk through these challenges and help Baby Boomers prepare for their next chapter of life.
The X’s & O’s
Check out the timestamps below to skip around to specific topics on the show.
[2:10] – How many Baby Boomer clients does Dale work with?
[3:47] – Unique challenges Baby Boomers face
[6:46] – What challenge are they consistently worried about?
[10:04] – Working with folks to get a plan in place to determine when they can retire.
[11:17] – Many of the mistakes are caused by lack of planning
“It is a problem that Baby Boomers are spending twenty to thirty thousand dollars – maybe up to $50,000 a year – trying to get their kid through college when they’ve totally devastated some of their retirement money.“
– Dale Tondryk
Ep 49: Mind the Gap
Financial gaps will happen without a detailed assessment of your retirement plan, and that can keep you from living confidently in retirement. Let's look at the most common ones we see in plans and what we do to help fill those gaps.
Ep 48: Red Flags in Your Finances
Are you missing these financial red flags? Depending on how you answer these questions, this may be your sign to speak to a financial advisor about planning and diversifying your portfolio correctly.
Ep 47: What Retirement Are You Living For?
All that hard work you’re doing isn’t just to earn and save money. There are bigger reasons for retirement and we want to explore that on this episode. What are you living for? Let’s talk about the common motivations we find people have and discuss how we help them reach those goals.