Are you prepared to navigate the shift from saving for retirement to spending in retirement? Discover financial expert Lorie Jones's strategies to ensure flexibility and success in every phase of your financial journey on episode 5 of Great Decisions Incredible Lives: Retire With Intention podcast. They discuss the importance of comprehensive financial planning, transitioning from saving for retirement to spending during retirement, and the need for diversified tax strategies to optimize income flexibility.

Key Takeaways:

✅ Comprehensive financial planning involves considering all aspects of a client's financial life, aligning their goals with appropriate strategies, and providing peace of mind for retirement.

✅ Clients often transition from an accumulation phase (saving) to a spending phase (retirement), requiring a shift in mindset and planning for a steady income stream during retirement.

✅ Diversifying tax strategy is essential, using different types of accounts (pre-tax, Roth, after-tax) to increase flexibility and optimize income during retirement.

✅ Setting goals with different time ranges, such as one year, five years, 10 years, and beyond, allows for a flexible and practical approach to financial planning.

✅ Regularly reviewing goals and making adjustments as life changes are crucial to staying on track for a successful financial future.

Guest Information:

• Lorie Jones: Highly experienced financial services professional with a technology, operations, and client services background. Holds securities licenses and various insurance licenses in Colorado. Completed the CERTIFIED FINANCIAL PLANNER™ designation and actively participated in professional development through the Financial Planning Association (FPA).

https://creekmurwealth.com/podcast-disclosure/ 

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