Ep 184: Top Money Mistakes In Retirement (Part 1)
Phil's Tax Hacks
English - May 25, 2023 09:00 - 20 minutes - 29.1 MB - ★★★★★ - 4 ratingsInvesting Business News Business News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Ep 183: Key Finance Decisions During Major Life Events Like Marriage, Divorce, Job Loss & More
Next Episode: Ep 185: Top Money Mistakes In Retirement (Part 2)
In the complex world of retirement planning, there are countless pitfalls one could fall into. In this episode, we've distilled it down to what we believe are the top 10 mistakes to watch out for. In part one of this two-part episode, we’re going to discuss the first 5 money mistakes that Phil often sees in retirement planning.
Here are some of the things we’ll address in this episode:
2:30 – Ignoring future tax implications of your retirement savings
5:51 – Starting Social Security too early
9:59 – Focusing on returns instead of income
12:01 – Being too aggressive or conservative
16:02 – Taking investing advice from family or friends
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