In this episode of Financial Fuel, Trent Miles discusses the essential steps for preparing for retirement, emphasizing the importance of having a comprehensive retirement plan. Key topics include the necessity of a written income plan, adjusting investment strategies as retirement approaches, and the significance of healthcare and estate planning. The conversation also touches on the balance between generosity towards grandchildren and ensuring financial security in retirement. Additionally, Trent outlines financial checkup principles to keep retirement plans on track and addresses common retirement income scenarios.

If you have any questions about your own retirement call Trent Miles 800-893-1719

or click here to visit our website.

Retiring, Retirement, Saving, Save, Plan, Planning, 401K, Pension, IRA,

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In this episode of Financial Fuel, host Trent Miles dives into the common financial mistakes made by baby boomers as they approach retirement. He discusses the pitfalls of over-relying on Social Security, the dangers of playing catch-up too late in the game, and the often underestimated costs of healthcare in retirement. Trent emphasizes the importance of having a diversified income plan that includes various sources of income, such as pensions, investments, and Social Security, while also addressing the need for tax planning and estate planning to ensure a smooth transition into retirement. The conversation is filled with practical advice and statistics that highlight the financial landscape for boomers today, encouraging listeners to take proactive steps in their retirement planning.

If you have any questions about your own retirement call Trent Miles 800-893-1719

or click here to visit our website.

Retiring, Retirement, Saving, Save, Plan, Planning, 401K, Pension, IRA,

See omnystudio.com/listener for privacy information.

On this edition of Financial Fuel, with Trent Miles, the conversation delves into the complexities of retirement planning, focusing on the increasing trend of early retirements, the challenges posed by healthcare costs, and the importance of strategic planning for Social Security and income streams. The discussion emphasizes the need for stress testing retirement plans against market volatility and unexpected expenses, while also addressing the unique challenges faced by different demographics, including women and Generation X. The hosts provide actionable insights and strategies to help listeners navigate their retirement planning effectively.

If you have any questions about your own retirement call Trent Miles 800-893-1719

or click here to visit our website.

Retiring, Retirement, Saving, Save, Plan, Planning, 401K, Pension, IRA,

See omnystudio.com/listener for privacy information.