Are you preparing for retirement but feeling confident that you have covered all the expenses? Well, think again… It turns out that many retirees overlook some crucial expenses that can leave them financially vulnerable. In this episode, we explore the retirement expenses that most people tend to forget, including skyrocketing medical bills, unexpected travel costs, taxes, and much more. We'll discuss practical tips and strategies to help you plan for these expenses and ensure a secure and comfortable retirement. From there we’re going to spend a little time on financial personalities and tackle the question of whether an advisor should tailor a plan to fit your personality. We'll discuss the pros and cons of different approaches and explore how understanding your financial personality can help you make more informed decisions.We’ll close out the show with a few of your financial questions to find out what’s on your mind this month.  Here’s some of what we’ll cover on this show: Retirement expenses people often forget to plan for. (1:44)Should an advisor tailor a financial plan to match your personality? (5:57)Mailbag question about whether it’s a bad idea to rent for a couple years in retirement.  (12:05)Mailbag question on whether it’s okay to cancel life insurance after you children are out on their own financially. (13:50)LEARN MORE:Recent educational videos on YouTube: https://bit.ly/3CMiRbtSchedule a meeting with Michael: https://lwsde.com/schedule-a-meeting/Visit Michael's website for more resources: https://lwsde.com/Sign up for Newsletter: https://tinyurl.com/2p979jjz

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