Retirees face serious financial temptations that can jeopardize their future, but there are smart ways to avoid them. In this episode, we’ll reveal the most dangerous temptations the average retiree faces and share strategies to help you avoid them, or correct your current course, to keep retirement on track.
Whether you’re struggling with debt, unsure about tax strategies, or contemplating when to take Social Security, Mike provides guidance to help you make informed decisions. Don’t get caught up in short-term thinking because a successful retirement requires a long-term mentality. Tune in to the full episode to learn more about securing your financial future and avoiding the common pitfalls that many retirees face.
Here’s what we discuss in this episode:
0:00 – Intro
1:00 – Debt
3:45 – Missing out on a 401k match
5:09 – Deferring taxes
8:23 – Taking Social Security early
10:28 – Concluding thoughts
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
