Listen "S2E11: Strategic Retirement Planning: Balancing Income, Taxes, and Risk for Long-Term Security"
Episode Synopsis
Show Notes: Discover why retirement planning today is more complex than it was for previous generations — and what that means for your strategy. Learn the key pillars of a solid retirement income plan, including Social Security, investments, annuities, and tax efficiency. Explore the importance of starting early and how compound planning benefits your financial future. Understand how to avoid common tax pitfalls that could eat into your retirement savings. Get tips on leveraging guaranteed income streams like annuities and how to choose the right one for your needs. Hear real-world examples of how life changes — from illness to relocation — impact retirement plans. Learn why a team-based approach to retirement planning can lead to more comprehensive, personalized strategies. Find out how to align your investment risk with your comfort level to avoid costly emotional decisions. Discover the importance of updating your plan regularly to reflect life’s inevitable changes. Gain actionable advice on how to select a financial advisor who truly understands your goals and risks. 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/