Ways That People Ruin Their Retirement
Manage episode 407397478 series 3560500
Would you like to avoid the financial missteps that can derail a retirement? Knowing where people often make the wrong decision or fail to take the proper action can help you keep from making the same mistakes and ruining your retirement.
In today’s show, Victor will lean on his past experience to help identify the areas that typically cause people to have problems in retirement and he’ll also help you know what to do differently if you’re in these same positions.
Here’s some of the mistakes we discuss this episode:
- Treating retirement like the destination rather than the beginning of the next chapter in life.
- Retirement doesn’t mean that all of your challenges disappear and all of your problems are gone.
- Your monthly spending habits likely can’t be determined strictly based on what you're spending while you’re working.
- Not having a plan for being active in retirement.
- Investing the same way in retirement that you were when you were in your 30s.
About Retirease Radio:
Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances.
Connect:
Medina Law Group: https://www.jerseyestateplanning.com/
Palante Wealth Advisors: https://palantewealth.com/
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