Retirement planning isn’t just about numbers—it’s about peace of mind. In this episode, we tackle the pressing issue of retirement planning and its impact on mental health. With 80% of workers worried about their future retirement funding, it’s crucial to address these concerns.
Join us as we explore the evolving benchmarks for retirement savings, the importance of proper planning over mere goal-setting, and the role of charitable contributions in financial strategies. We’ll break it all down and explore what these new numbers mean for your financial future.
Here’s what we discuss in this episode:
0:00 – Intro
1:28 – Is there a universal retirement benchmark?
2:41 – Charitable giving
4:23 – The fear of never being able to retire
5:30 – Average 401k contribution
7:11 – Target date funds
8:44 – Roth 401ks
10:24 – Taking care of yourself in the present
If you are interested in any of the topics we discussed, please reach out and we would be happy to help you navigate your financial situation.
You can also watch Retirement Reality on Demand here: https://bit.ly/40VIByr
