According to a 2024 Gallup poll, 74% of retired Americans have enough money to live comfortably- and no, you don’t need to be a millionaire to get there. But there are some mistakes you can actively avoid to steer your financial future in the right direction. In today’s conversation, Charles and Marc will cover 6 retirement blunders that successful American millionaires tend to avoid.

Here’s some of what we discuss in this episode:

0:00 – Intro

1:35 – Investing too conservatively in retirement

4:13 – Forgetting about healthcare costs

9:38 – Spending too much on housing

12:41– Sinking too much money into a car

15:17 – Funding grown children’s lifestyles

17:49 – Mismanaging RMDs

19:32 – Listener question

Click HERE to check out the article that inspired today's show

Contact:

Phone Number: 480-513-1830

Website: https://pelletoncapital.com/

YouTube: https://www.youtube.com/@PelletonCapitalManagement