The 7 Costly Errors That Could Deplete Your Retirement Funds

13/11/2025 12 min Temporada 8 Episodio 85
The 7 Costly Errors That Could Deplete Your Retirement Funds

Listen "The 7 Costly Errors That Could Deplete Your Retirement Funds"

Episode Synopsis

Discover the 7 most costly retirement planning mistakes that could derail your financial future. In this comprehensive guide, Brian, a fiduciary financial advisor with 25+ years of experience, breaks down the critical errors many make when planning for retirement.Whether you're focusing on early retirement, wealth management, or building passive income streams, this video provides the financial education you need to avoid these costly pitfalls. Learn how proper financial planning, including strategies like Roth IRA optimization and dividend investing, can secure your retirement success.Don't let these retirement mistakes cost you thousands – start building your path to financial freedom today! Perfect for anyone seeking financial literacy, retirement planning advice, or looking to achieve financial independence through smart investment strategies.Get Your Risk Number by taking the FREE RISK ASSESSMENT: https://pro.riskalyze.com/embed/da35a673b96655a2f2b1📥 FREE DOWNLOAD: Get my 7 Retirement Mistakes Checklist" 👉https://www.momentouswealthadvisors.com/retirement-mistakesPick up a copy of my book "Momentous Decisions: 7 Steps to Better Health, More Wealth, and a Richer Life" at:https://www.momentouswealthadvisors.com/bookCHAPTERS:00:00 Introduction: Avoid Costly Retirement Tax Mistakes00:20 Mistake 1: Delaying IRA Distributions02:22 Mistake 2: Poor Roth Conversion Timing03:51 Mistake 3: Overlooking State Taxes04:49 Mistake 4: The Social Security Tax Trap06:17 Mistake 5: Medicare IRMA Penalties07:12 Mistake 6: Heirs' Tax Situations08:13 Mistake 7: Lack of Tax Diversification09:46 Conclusion: Fixing the Mistakes#RetirementPlanning #FinancialEducation #PersonalFinance #FinancialFreedom #WealthManagement #RetirementMistakes #FinancialPlanning #FinancialAdvisor#FinancialMistakes #retirementincome WEALTH DECISIONS PLAYLISTS:WEALTH MANAGEMENT:https://www.youtube.com/playlist?list=PLAO9K0wL6xkwapLaG3ZhyhERK7oB7qy4-WEALTH STRATEGIES:https://www.youtube.com/playlist?list=PLAO9K0wL6xkwwr9zEDFde1J_ac11EkQWsFINANCIAL PLANNING: https://www.youtube.com/playlist?list=PLAO9K0wL6xkyavtgSvnOKAFP59pjMSGsbWEALTH DECISIONS on YOU-TUBE:https://to.mysocial.io/s/e2EVRwlOIBrian D Muller(AAMS©), Founder, Wealth AdvisorPodcast DisclaimerThe Wealth Decisions Podcast is provided solely for general information purposes and should not be construed as accounting, legal, tax, or any other professional advice. Visitors are advised not to act upon the information or content found here without first seeking appropriate guidance from a qualified accountant, financial planner, lawyer, or other relevant professional. Any hypothetical performance is just that, and there is no guarantee that you will receive a specific average rate of return in any examples in this podcast.THE BASICS OF RETIREMENT PLANNINGRetirement planning has several steps, with the end goal of having enough money to quit working and live your version of a richer life. My goal is to help people make better wealth decisions along their financial journey so they can retire and stay comfortably retired

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