Ep 2: The Importance of the Financial Danger Zone
The Retirement Show: Your Life, Your Money with Scott Sierens
English - March 25, 2021 09:00 - 20 minutes - 19.1 MB - ★★★★★ - 3 ratingsInvesting Business Careers 401k chicago ira pension retire elgin financialplanning healthcare illinois retirement Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
As you move into that final decade before retirement, planning becomes crucial for long-term success. We call this the Financial Danger Zone. Today we’ll identify the changes that need to happen as you approach retirement and what areas require the most attention as you transition into the next chapter of life.
Read more and get additional financial resources here: https://lifemoneyshow.com/podcast/ep-2-the-importance-of-the-financial-danger-zone/306/
What we discuss on this episode:
1:40 – What are the long-term effects of the third stimulus package?
5:18 – What is the retirement danger zone?
6:23 – Like a construction zone – start with thinking differently
10:19 – Slow down and be prepared for the unexpected
14:14 – Common mistakes people make in the danger zone
16:21 – Why planning makes the danger zone easier