Listen "Understanding Expenses In Retirement - Ep 17"
Episode Synopsis
What if a small miscalculation in your monthly expenses could derail your retirement plans? In this episode of Retirement for Life, we reveal the powerful impact of accurately estimating and managing retirement expenses. You'll hear a real-life example that underscores how even minor financial oversights can have major consequences. Whether you're approaching retirement or already there, our practical advice and engaging anecdotes aim to guide you towards financial security and peace of mind.Ever wondered if political betting can offer a more accurate prediction than traditional polls? We dive into this intriguing topic, examining how real-money bets fluctuate with major political events, like assassination attempts or candidate announcements. We also address a compelling story about a couple who discovered the true value of their 401k, illustrating the critical importance of understanding tax implications. Plus, we share the best ways to get your burning questions answered directly by us.Finally, we break down how retiree expenses evolve through different life stages and the challenges posed by inflation. From the active "go-go" years to the more sedentary "no-go" years, our discussion highlights how spending patterns change and what you need to consider for long-term financial stability. We also explore the benefits of a Roth conversion and explain how our AIM assessment can help you gauge your retirement readiness. Tune in for a comprehensive guide to ensuring your golden years are truly golden.We love hearing from you!! Record your retirement questions anytime at www.RetirementForLife.com Subscribe to our channel for our latest content visit: Our YouTube Channel Elevate Your Retirement with the AIM Secure Retirement Assessment... our most popular tool! Powerful customized insights for retiree's or those nearing retirement. Answer 8 simple questions and receive your personalized assessment including the top three action items most likely to supercharge your chances of Retirement Success. If you're interested in learning more about our trademarked AIM Retirement System, visit: AIMRetire.com Want to connect with Chris? Schedule a 15 Minute Retirement Readiness call to discuss whatever's on you mind about retirement Retire15.com or just shoot him an email at mailto:[email protected] Try out the industry's leading financial planning software on your own. We give RFL listeners unlimited free access to the Free Online Planning Tool Investment ad...
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