Six Big In-Retirement Money Mistakes and How to Avoid Them

20/12/2023 20 min Episodio 45
Six Big In-Retirement Money Mistakes and How to Avoid Them

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Episode Synopsis

Even if you’ve done excellent planning for your golden years, it’s possible to make mistakes once you’re in retirement that can prove to be costly. On the latest episode of Your Money & A Cup of Joe, we’re examining some of the big mistakes that retirees tend to make—along with potential solutions and, even better, ways to avoid making them in the first place.Chapters:0:00 - Introduction and overview on the topic of the episode1:22 - People don't pay enough attention to the financial risks faced after they retire2:55 - The common mistakes that can derail retirement plans5:34 - The idea of "avoiding" money talks with family members7:20 - Mistakes surrounding your retirement income9:50 - Don't make investing your new part-time hobby11:28 - Concerns popping up in the last 15-20 years14:09 - How to combat scammers 16:10 - Retirement should be enjoyed, but you shouldn't go into auto-pilot with your finances17:20 - How to get in touch with Joe and his team17:40 - Closing remarksConnect with Joe Calao:WebsiteLinkedIn