In this episode of the Just Don't Lose The Money Radio Show, Sam and John discussed 10 mistakes that people might make in retirement (and how you could avoid them.) You'll wan't to listen to the episode to hear what they have to say, but we transcribed the first five mistakes from the show below so you can follow along!
As you near or enter retirement, there may be some challenges you face in the realm of financial stability. In this week's episode of Just Don't Lose The Money Radio, John and Ryan discuss four challenges retirees face while retiring in the 21st century.
You’ve made it to that magical time in your life – the home stretch to retirement. Whether you have made the decision to work another ten years, or even one year, there are ways to start preparing immediately so that you can help your retirement years be worry-free. You worked hard to get there, but the “work” doesn’t end the day you clean out your office.
That nest egg you created needs to be cared for and looked after, and this may be the most important job of your life. Sounds scary, right? It doesn’t have to be! It all starts with planning and being prepared for what’s ahead, before you walk out that door and start permanent unemployment. Some of these steps may seem obvious, but you will be surprised how many people ignore this process, either out of fear or laziness. The truth is, it will require a bit of elbow grease on your part, but these are some of the steps needed in order to start cementing that rock-solid foundation upon which your retirement will live.