Ep 57: Don’t Fumble Your Retirement in The Financial Red Zone

How is football like retirement? In many ways, you need a game plan, a coach, and to protect your plan as you enter the retirement red zone.
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The Game Plan

It’s playoff season! How is football a lot like saving for retirement? Well, you want to protect your plan as you enter the retirement red zone. Similar to how a quarterback protects the ball as he gets close to the end zone. The last 5 to 10 years before you retire is considered the financial red zone. During this time, you want to lock down your plan and get really serious about planning.

Protecting yourself against unnecessary risk and debt is really important during these years. On today’s episode, we’ll discuss the common mistakes people make during the retirement red zone and how you can avoid fumbling your retirement plan.

The X’s & O’s

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

[2:56 ]– What is the financial red zone?

[4:36] – Why do you need to play it safe?

[6:20] – Taking on more risk than necessary

[7:41] – Running the time out for victory

[9:44] – Why is retirement planning easier?

[11:51] – Having a coach on your side

“Having investments out there is not a plan. You have to be really specific on your debt, expenses, and know exactly what’s coming in and where it’s coming from.“

– Dale Tondryk

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May 18, 2023

QUESTIONS FOR DALE?

MORE WAYS TO GET IN TOUCH

952-401-1671

dale@tondrykfinancial.com

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