Just how ready are you for retirement? We explore some of the faulty thinking that leaves people underprepared when it comes time for retirement.

Read more and get additional resources here: https://principalpreservationservices.com/ep-47-are-you-really-ready-for-retirement/ 

On today's show:

2:41 – Believing a certain number is all you need

5:22 – Believing you won’t need as much money in retirement

7:34 – Expecting you’ll get an inheritance

10:05 – Thinking you’ll just figure it out

11:40 – Believing the income estimate in your 401K statement or retirement accounts

15:21 – Mailbag: Real estate investment trusts

18:36 – Mailbag: Retiring at 55