My Smart Retirement

Ep 353: The All-Star Retirement Playbook

Informações:

Sinopsis

What does a soccer game have in common with retirement planning? On today’s episode, we are going to break down the retirement playbook and what lessons we can learn from retirement’s All-Star players. We’ll break down ten critical factors you need to have in your retirement plan to score big.  The big challenge for many retirement players is replacing income for an indefinite number of years in an ever-changing economic environment. Winners have one thing in common, they plan and prepare for retirement. #1 Have a strategy A financial strategy should be written out and will break down the moves you plan to use when you need income in retirement. Calculate how much you need to save and how much you need to generate once in retirement based on realistic expectations and your desired lifestyle. #2 Start early The sooner you start planning for retirement, the more likely you are to hit that big goal. Most of the time, retirement All-Stars, give themselves plenty of time to save. You are able to recover from marke