It’s Sunday, which means...it’s recap time here on the Retirement Quick Tips Podcast

This week the theme was: 10 Things You Must Do Before Retirement - Part 2

In case you missed any episodes, here’s what we discussed this week…

• Decide Where You'll Live

• Increase Your Emergency Savings

• Re-Allocate Your Investment Portfolio

• Structure Your Time To Avoid Boredom

• Consolidate & Simplify Assets

Some additional must do items that landed on the cutting room floor, but are also worthy of consideration: Update your estate plan, create a plan B (i.e. part time work), maximize your savings in the last 5-10 years before retirement (including HSA), plan for a Roth conversion in early years of retirement

The most important takeaway from this week is…by ticking these boxes, you’ll be preparing yourself for a smooth transition into retirement, and you’ll avoid many of the traps that people fall into like not having enough cash on hand for emergencies and having an investment portfolio that’s too aggressively invested and misaligned with your age and stage of life - just 2 examples of what I talked about this week. 

Tomorrow, I’m starting a brand new theme: SECURE Act 2.0 & The BIG Changes You Need To Know

One of the biggest pieces of legislation to pass that will impact the vast majority of you in retirement is SECURE Act 2.0, which just became law. Next week, I’ll break down some of the most important aspects of the new law to help you better understand what it will mean for you and your retirement. 

Thank you so much for listening this week! If you’re enjoying the podcast, chances are someone else you know who is getting close to retirement could also benefit from checking it out, so please share the show with a friend, a neighbor, your sister, or your boss. Just go to your favorite podcasting app, hit the share icon, then text or email the show link to someone you know who is eyeing retirement. 

Thanks for sharing the love and spreading the word. I hope you have a blessed Sunday. My name is Ashley Micciche, this is the Retirement Quick Tips Podcast.

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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance