Listen "S2E10: From Pensions to Portfolios: Navigating Modern Retirement Challenges"
Episode Synopsis
Show Notes (Key Takeaways) Introduction to the evolving landscape of retirement and why traditional strategies no longer apply. Why 76% of baby boomers plan to work during retirement and what that means for income planning. The critical impact of longevity on retirement savings and how to prepare for 30+ year retirements. Actionable budgeting strategies to understand your retirement needs and expenses. How to optimize Social Security and avoid costly mistakes that reduce long-term benefits. Understanding tax implications of 401(k)s, IRAs, and how to manage taxes in retirement. The lingering effects of the 2008 financial crisis on current retirees and how to recover smartly. Health care planning essentials: the rising costs, Medicare limitations, and long-term care strategies. Investment diversification tips: balancing market exposure with reliable income generation. Why creating a written retirement plan is your most powerful tool for financial peace of mind. Special Offer: Ready to take control of your retirement? Enroll in Mark Fried’s Retirement Masterclass to build your own customized financial roadmap. Visit WhenCanIRetire.us and use coupon code RRFR2024 for a special discount. Why Listen? If you’re nearing retirement or already retired, this episode offers actionable advice to help you protect your savings, manage taxes, and ensure your money lasts. Tune in now and start building the retirement plan you deserve! Connect with Mark Fried:https://plansmartandretirewell.com/ https://www.linkedin.com/in/mark-fried-a0b1156/