It’s a question more and more people are asking, especially as the workplace continues to change following the pandemic. But are you in a position to step away from a consistent paycheck at age 55? Phil will provide a great look at the reality of early retirement in today’s environment and apply some real-world examples to the discussion.
Watch the video podcast: https://youtu.be/cuahFzcAFlw
Key points:
1:09 – Background on this topic
3:20 – How many clients want this?
4:05 – Immediate challenges
5:14 – Retiring at 65
7:48 – Retirement lifestyle
9:06 – Running the math
11:38 – Challenges in this environment
13:18 – Mailbag question on retiring early
15:08 – Mailbag question with another scenario
16:36 – Bear market coming?
17:46 – Conversation with your advisor
19:43 – Mailbag question about paying house off
Read more and get additional financial resources here: http://philstaxhacks.com
Ep 114: 22 Money Resolutions for 2022 Part 1
Ep 113: Mailbag – Retiring Early, Risk, and More
Ep 112: Retirement Late Bloomers
Ep 111: Dropping the Ball Financially
Ep 110: 4 Unreasonable Requests
Ep 109: Living the Dream
Ep 108: Overconfidence in Financial Planning
Ep 107: Tax Consequences – Pros and Cons
Ep 106: What is ”Risk Averse”?
Ep 105: Financial Mistakes Couples Make
Ep 104: Can You Put Off These Financial Decisions?
Ep 103: What Do You Need To Know About the Recent Tax Proposal?
Ep 102: 5 Ways to Mind the Gap
Ep 101: Red Flags in Your Financial Plan
Ep 100: How Age & Wisdom Effect Retirement
Ep 99: Breaking Down Economic News in Bits and Pieces
Ep 98: What Makes Phil Tick?
Ep 97: Why You Need Retirement Customization
Ep 96: The SECURE Act 2.0
Ep 95: Things That Don’t Matter…Until They Do
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast