Are you preparing for a successful retirement? If you are, you’ll need to consider more than just your finances because 80% of a successful retirement has nothing to do with money. However, when people focus on retirement planning, money is often the only thing they focus on. In the retirement headlines segment this week, we’ll check out an article from Financial Advisor Magazine titled Right Way Retirement. This article takes a look at the non-financial aspects of retirement that many financial advisors miss when it comes to retirement planning.
In the listener questions segment, I answer a question from Majid about working while collecting Social Security. Make sure to tune in until the end to hear how to complete the earnings test so that you will understand how much you can earn and how to avoid Social Security penalties.
Outline of This EpisodeRobert Laura recently published an article in Financial Advisor Magazine about doing what it takes to create a successful retirement. The author noticed that most financial advisors that help people get ready for retirement focus solely on the financial aspect of this life change. However, retirement isn’t all about the money. He has noticed that advisors often have a blind spot for the areas of retirement that aren’t financially related. To truly prepare for retirement, people need to take a more holistic approach.
6 ways to create a successful retirementCreating a retirement plan that addresses all 6 of these areas can help you create a greater sense of satisfaction with your life in retirement. You don’t want to get into the thick of retirement and discover that there is something missing from your life. Start a more holistic approach to retirement planning now so that you can create a meaningful life in retirement.
Make sure to tune into the listener questions segment to hear about receiving Social Security while you are still working. You’ll learn just how important it is to know your full retirement age and how the Social Security Earnings test can help you keep the most from your benefit.
Resources & People MentionedSubscribe to Retirement Starts Today on
Apple Podcasts, Stitcher, TuneIn, Podbean, Player FM, iHeart, or Spotify
7 Tips for Tax Loss Harvesting, Ep # 253
Is it Time to Invest in Commodities? Ep # 252
Five Things to Keep in Mind During Bear Markets, Ep #251
The 4 Stages of Retirement, Ep # 250
15 Ways Consumers Can Deal With (and Even Benefit From) Rising Inflation, Ep #249
Money Can’t Buy Happiness - Or Can It? [Rebroadcast]
What’s Going on with the Market?! An Interview with Joseph Hogue, Ep # 247
Father of 4% Rule Urges Caution, Ep #246
An Active Retirement Could Cost More Money with Thatcher Taylor, Ep #245
How to Plan for Part-Time Retirement, Ep # 243
The New IRS 10-year RMD Rule Isn’t What We Thought It Was, Ep #242
Future You is Happier than Current You, Ep #241
The Reverse Bucket List, Ep #240
Part-Time Retirement Programs Are on the Rise, Ep #239
Get the Freeloaders Offloaded with Bobbi Rebell, Ep #237
Don’t Even THINK About Delaying Retirement, Ep #236
The Perfect Inflation Hedge Doesn’t Exist, Ep #235
Starting a Business in Retirement, an Interview with Gabe Nelson, Ep #234
8 Reasons to File Your 2021 Tax Return Early, Ep #232
Retirees Aren’t Spending Enough, Ep #231
Create your
podcast in
minutes
It is Free
Jim & Bill (It‘s Another Day)
HauntingLive
Dr. Paul’s Worldviews
The Ben Shapiro Show
Morning Wire