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

Ep 73: Getting it Right: Irreversible Financial Decisions

There are plenty of decisions that you’ll make in the retirement planning process that can’t be undone, so you want to make sure that you make the right call. In this episode, we’ll explain why these decisions are so important and can’t be undone.

Ep 72: Can’t Get No Satisfaction… Or Can You?

Want to know the secrets to experiencing satisfaction in retirement? We’ve discovered five key situations in which your financial plan needs to lead you. If you can key in on these five points, you’ll have a high chance to achieve retirement satisfaction.

Ep 71: Going Against the Grain to Achieve Your Retirement Goals

Being a good advisor isn’t about winning a popularity contest or just saying the same things that everyone else in the industry says. It’s about giving the best advice that you can for each individual situation. On today’s show, we’re going to peel back the curtain to discuss some areas where a good financial advisor’s opinions might go against the grain with mainstream ideas in the industry.