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.

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The Game Plan

If you are thinking of retiring early or are planning for long-term care, you want to make sure you have all your bases covered. Too often we find gaps in portfolios that can create so major issues down the road. 

Preparing for these situations will leave you with better options in the future. Today, Dale is going to discuss some common financial gaps that we may see after retirement and what we can do to plan for these. 

Knowing where you will get the money to pay for certain life events is crucial to a healthy retirement plan, and that’s why we’re helping you close that gaps. 

The X’s & O’s

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

[0:53] Catching up with Dale

[3:23] Minding the gap

[4:15] Paycheck gap

[5:57] Social security and Medicare

[10:10] Inflation gap

[12:13] Long term care

[14:48] Widows gap

[17:05] Paying more taxes

“We like to set it up where you have enough cash set aside if you need to grab some without having to turn that 401(k) on right away.”

– Dale Tondryk

More To Explore

The Financial Calendar

Join us in this episode of The Retirement Playbook podcast as Dale dives into the essential financial matters you need to address throughout the calendar year. He provides valuable insights into maximizing retirement contributions, managing required minimum distributions (RMDs), and making strategic financial moves to optimize your retirement savings.

Financial Therapy

Financial discussions and retirement planning can come with many emotions. From counseling couples with differing financial views to providing support during challenging life events such as divorce or medical issues, financial professionals wear many hats, including the role of a therapist. In this episode, Dale discusses the impact of having a financial professional guide you through life’s most stressful moments.

Ep 88: The Retirement Lifestyle

We’re taking a quick break from the Xs and Os of retirement finances today. Instead, we’re going to talk about some other important pieces of forming your retirement lifestyle. Join us as we discuss staying busy, the significance of social connections after you’ve stopped working, and maintaining your physical and mental health throughout retirement.