Just like the lights on your dashboard can indicate if something is wrong with your car (like low tire pressure or leaking oil), there are indicators in your financial life that might point out that you have a problem that needs to be addressed.
You might have watched your parents retire in their early 60s and think that’s how it should still be for everyone. But consider that you’ll likely live much longer than them, you probably don’t have the pension that they had, and the costs for your healthcare during your retirement years will dwarf their costs. In this episode, we will shed light on potential financial problems that could hinder your retirement plan.
Here is some of what you’ll learn on this show:
- Do you really know how much it will cost to fund your current lifestyle? (3:54)
- Are you too hung up on your net worth, instead of the income you will be generating? (6:34)
- Does the impact of current events on the market make you lose sleep over your portfolio? (15:03)
Hopefully, you’ll pick up on something during this episode that you didn’t know about before, but if you have questions about anything we discussed on the show, please reach out. We’ll be happy to talk to you about your financial situation.